🌽 Illinois

Mortgage Calculator for Illinois Home Buyers

Estimate Illinois mortgage payments including local taxes and insurance.

2.05%

Avg Property Tax

$230K

Median Home Price

6.50%

Avg Interest Rate

$1K

Avg Insurance/Year

Calculate Your Mortgage

Loan Amount ($)

Interest Rate (%)

Loan Term

Property Tax (% per year) - Optional

Home Insurance ($ per year) - Optional

Your Monthly Payment

Principal + Interest + Tax + Insurance

Principal & Interest

Property Tax

Home Insurance

Total Payments

Payment Breakdown

Loan Amount $0

Interest Rate 0%

Loan Term 0 Years

Monthly Payment $0

Total Interest Paid $0

Total Amount Paid $0

📊

Calculate Your Mortgage

Fill in the form and click calculate to see your results

About Illinois Mortgages

Illinois property tax rates can be above the national average; plan accordingly.

Illinois Mortgage FAQs

What is the median home price in Illinois?

The median home price in Illinois is $230000.

What is the average property tax rate in Illinois?

The average property tax rate in Illinois is 2.05% per year.

How much do homeowners typically pay for insurance in Illinois?

Homeowners insurance in Illinois averages $1400 per year.

What is the current mortgage interest rate in Illinois?

The current mortgage interest rate in Illinois is approximately 6.50%.

Are property taxes in Illinois higher or lower than the national average?

Property taxes in Illinois are higher than the national average.

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