Free mortgage calculator tailored for Texas (TX). Calculate instantly with state-specific rates and rules.
Texas housing prices vary enormously by market. Austin saw extraordinary appreciation (and some correction), while Houston and San Antonio remain more affordable. Dallas-Fort Worth is one of the largest real estate markets in the country. The Texas State Affordable Housing Corporation (TSAHC) offers first-time buyer programs and down payment assistance.
| Data Point | Value |
|---|---|
| Median Home Value | $290,000 |
| Conforming Loan Limit | $726,200 |
| Median Household Income | $64,034 |
| Est. Monthly Payment (median price, 20% down, 7% rate) | ~$1,544/mo |
Enter the home price you are targeting, your down payment amount, and your interest rate. For Texas, the median home value is $290,000. With a 20% down payment of $58,000, your estimated loan amount would be $232,000 — well within the Texas conforming loan limit of $726,200.
Use CalcuWealth's mortgage calculator to model different down payment percentages, interest rates, and loan terms to find the monthly payment that fits your Texas budget.
Data: US Census Bureau ACS 2023, Zillow (2024), Vanguard How America Saves (2023), NCES. Updated 2024–2025. Figures reflect state averages — consult a licensed financial advisor for personalized guidance.
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