Down payment%
≈ $71,340 down
Interest rate6.70%
Loan term30 yrs
Ongoing housing costs
Estimated total
$1,841/mo
$
High risk100%
When is this due?
Mississippi is one of the more affordable states in the country - a Bureau of Economic Analysis regional price index of 87.0 against the 100 national average, about 13% lower overall - which is exactly what the starting home price below is adjusted for, instead of a flat national default.
Mississippi taxes income at a flat rate around 4.4%.
That makes it the 50th most expensive state in the country by this measure, out of 51 - worth knowing before assuming a national-average mortgage payment applies here.
Cost of living comparison
Enter your ZIP code above to see how Mississippi compares to where you live now.
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