Connecticut Mortgage Calculator
Connecticut has the 4th-highest effective property tax rate of the 50 states at 1.54% — $2,841 more a year than the 0.91% state average on a $451,000 home. Homeowners insurance averages $1,905 a year, the 18th-lowest premium nationally and $815 less than the typical state.
Most Connecticut counties use the $832,750 conforming loan limit for 2026, but 3 high-cost counties — Greater Bridgeport Planning Region ($977,500), Western Connecticut Planning Region ($977,500), Naugatuck Valley Planning Region ($851,000) — allow larger conforming loans. Above those amounts you need a jumbo loan.
On a $451,000 home, property tax and insurance add $738 a month in Connecticut, compared with $499 in Massachusetts, $625 in Rhode Island, $629 in New York.
Loan Parameters
Total Monthly Payment
$3,690
Principal & Interest + Taxes + Insurance
APR 7.488%
Total Interest
$569,209
Total Cost
$1,264,974
Advanced Parameters
Private Mortgage Insurance (PMI)
Your down payment is below 20%. PMI is estimated at 0.72% annually and is removed here when your LTV reaches 80%.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Feb 2035
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | PMI | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $32,504 | $4,099 | $28,404 | $2,922 | $401,801 | $49,199 |
| Year 2 | $32,504 | $4,397 | $28,107 | $2,922 | $397,403 | $53,597 |
| Year 3 | $32,504 | $4,716 | $27,787 | $2,922 | $392,687 | $58,313 |
| Year 4 | $32,504 | $5,059 | $27,445 | $2,922 | $387,628 | $63,372 |
| Year 5 | $32,504 | $5,426 | $27,078 | $2,922 | $382,202 | $68,798 |
| Year 6 | $32,504 | $5,820 | $26,684 | $2,922 | $376,382 | $74,618 |
| Year 7 | $32,504 | $6,243 | $26,261 | $2,922 | $370,139 | $80,861 |
| Year 8 | $32,504 | $6,696 | $25,808 | $2,922 | $363,443 | $87,557 |
| Year 9 | $32,504 | $7,182 | $25,322 | $974 | $356,261 | $94,739 |
| Year 10 | $32,504 | $7,704 | $24,800 | — | $348,557 | $102,443 |
| Year 11 | $32,504 | $8,263 | $24,241 | — | $340,294 | $110,706 |
| Year 12 | $32,504 | $8,863 | $23,641 | — | $331,431 | $119,569 |
| Year 13 | $32,504 | $9,507 | $22,997 | — | $321,924 | $129,076 |
| Year 14 | $32,504 | $10,197 | $22,307 | — | $311,727 | $139,273 |
| Year 15 | $32,504 | $10,937 | $21,566 | — | $300,790 | $150,210 |
| Year 16 | $32,504 | $11,731 | $20,772 | — | $289,059 | $161,941 |
| Year 17 | $32,504 | $12,583 | $19,920 | — | $276,475 | $174,525 |
| Year 18 | $32,504 | $13,497 | $19,007 | — | $262,978 | $188,022 |
| Year 19 | $32,504 | $14,477 | $18,027 | — | $248,501 | $202,499 |
| Year 20 | $32,504 | $15,528 | $16,976 | — | $232,973 | $218,027 |
| Year 21 | $32,504 | $16,656 | $15,848 | — | $216,318 | $234,682 |
| Year 22 | $32,504 | $17,865 | $14,639 | — | $198,453 | $252,547 |
| Year 23 | $32,504 | $19,162 | $13,342 | — | $179,290 | $271,710 |
| Year 24 | $32,504 | $20,554 | $11,950 | — | $158,737 | $292,263 |
| Year 25 | $32,504 | $22,046 | $10,458 | — | $136,691 | $314,309 |
| Year 26 | $32,504 | $23,647 | $8,857 | — | $113,044 | $337,956 |
| Year 27 | $32,504 | $25,364 | $7,140 | — | $87,680 | $363,320 |
| Year 28 | $32,504 | $27,205 | $5,298 | — | $60,475 | $390,525 |
| Year 29 | $32,504 | $29,181 | $3,323 | — | $31,294 | $419,706 |
| Year 30 | $32,499 | $31,294 | $1,204 | — | $0 | $451,000 |
Connecticut mortgage data
- Typical home value
- $450,873
- Zillow ZHVI, August 31, 2026 (U.S. $368,697)
- Effective property tax rate
- 1.54%
- $6,945/yr on a $451,000 home
- Average homeowners insurance
- $1,905/yr
- $159/mo
- 2026 conforming loan limit
- $832,750 – $977,500
- 9 counties
- High-cost counties
- 3
- Limit above $832,750
- 2026 FHA loan limit (1-unit)
- $541,287 – $977,500
- Varies by county — confirm on HUD
- Current 30-yr / 15-yr fixed average
- 7.03% / 6.42%
- Freddie Mac PMMS, September 24, 2026
Connecticut calculators by loan type
How much house can you afford in Connecticut?
Highest price where principal, interest, Connecticut property tax, insurance and PMI stay within 28% of gross income —10% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $50,000 | $1,167 | $128,000 | $12,800 | 28% |
| $75,000 | $1,750 | $203,000 | $20,300 | 45% |
| $100,000 | $2,333 | $277,000 | $27,700 | 61% |
| $125,000 | $2,917 | $352,000 | $35,200 | 78% |
| $150,000 | $3,500 | $426,000 | $42,600 | 94% |
| $200,000 | $4,667 | $575,000 | $57,500 | 128% |
| $250,000 | $5,833 | $724,000 | $72,400 | 161% |
Connecticut mortgage payment by loan amount
30-year fixed at 7.03%, 20% down, with Connecticut property tax and insurance on the matching home price.
| Loan amount | P&I | Total / month | Income needed | Loan type |
|---|---|---|---|---|
| $150,000 mortgage | $1,001 | $1,400 | $61,000 | Conforming |
| $175,000 mortgage | $1,168 | $1,607 | $69,000 | Conforming |
| $200,000 mortgage | $1,335 | $1,814 | $78,000 | Conforming |
| $225,000 mortgage | $1,501 | $2,021 | $87,000 | Conforming |
| $250,000 mortgage | $1,668 | $2,228 | $96,000 | Conforming |
| $275,000 mortgage | $1,835 | $2,435 | $105,000 | Conforming |
| $300,000 mortgage | $2,002 | $2,642 | $114,000 | Conforming |
| $325,000 mortgage | $2,169 | $2,849 | $123,000 | Conforming |
| $350,000 mortgage | $2,336 | $3,056 | $131,000 | Conforming |
| $375,000 mortgage | $2,502 | $3,263 | $140,000 | Conforming |
| $400,000 mortgage | $2,669 | $3,470 | $149,000 | Conforming |
| $425,000 mortgage | $2,836 | $3,677 | $158,000 | Conforming |
| $450,000 mortgage | $3,003 | $3,884 | $167,000 | Conforming |
| $475,000 mortgage | $3,170 | $4,090 | $176,000 | Conforming |
| $500,000 mortgage | $3,337 | $4,297 | $185,000 | Conforming |
| $525,000 mortgage | $3,503 | $4,504 | $194,000 | Conforming |
| $550,000 mortgage | $3,670 | $4,711 | $202,000 | Conforming |
| $575,000 mortgage | $3,837 | $4,918 | $211,000 | Conforming |
| $600,000 mortgage | $4,004 | $5,125 | $220,000 | Conforming |
| $625,000 mortgage | $4,171 | $5,332 | $229,000 | Conforming |
| $650,000 mortgage | $4,338 | $5,539 | $238,000 | Conforming |
| $675,000 mortgage | $4,504 | $5,746 | $247,000 | Conforming |
| $700,000 mortgage | $4,671 | $5,953 | $256,000 | Conforming |
| $725,000 mortgage | $4,838 | $6,160 | $264,000 | Conforming |
| $750,000 mortgage | $5,005 | $6,367 | $273,000 | Conforming |
| $775,000 mortgage | $5,172 | $6,574 | $282,000 | Conforming |
| $800,000 mortgage | $5,339 | $6,781 | $291,000 | Conforming |
| $825,000 mortgage | $5,505 | $6,988 | $300,000 | Conforming |
| $850,000 mortgage | $5,672 | $7,195 | $309,000 | Jumbo in most counties |
| $875,000 mortgage | $5,839 | $7,401 | $318,000 | Jumbo in most counties |
| $900,000 mortgage | $6,006 | $7,608 | $327,000 | Jumbo in most counties |
| $925,000 mortgage | $6,173 | $7,815 | $335,000 | Jumbo in most counties |
| $950,000 mortgage | $6,340 | $8,022 | $344,000 | Jumbo in most counties |
| $975,000 mortgage | $6,506 | $8,229 | $353,000 | Jumbo in most counties |
| $1,000,000 mortgage | $6,673 | $8,436 | $362,000 | Jumbo |
| $1,100,000 mortgage | $7,341 | $9,264 | $398,000 | Jumbo |
| $1,200,000 mortgage | $8,008 | $10,092 | $433,000 | Jumbo |
| $1,300,000 mortgage | $8,675 | $10,919 | $468,000 | Jumbo |
| $1,400,000 mortgage | $9,342 | $11,747 | $504,000 | Jumbo |
| $1,500,000 mortgage | $10,010 | $12,575 | $539,000 | Jumbo |
Loan programs compared in Connecticut
$451,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $45,100 | $405,900 | — | $244 PMI | $3,690 | 7.488% |
| FHA | 3.5% · $15,785 | $442,831 | UFMIP $7,616 | $202 MIP | $3,895 | 7.761% |
| VA | 0% · $0 | $460,697 | Funding fee $9,697 | $0 | $3,812 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $90,200 | $360,800 | — | $0 | $3,145 | 7.030% |
Connecticut high-cost counties (2026)
3 counties have a one-unit conforming limit above the $832,750 baseline. Loans up to these amounts are conforming, not jumbo.
- Greater Bridgeport Planning Region$977,500
- Western Connecticut Planning Region$977,500
- Naugatuck Valley Planning Region$851,000
Frequently asked questions
What is the monthly mortgage payment on a $451,000 home in Connecticut?
$451,000 is the typical Connecticut home value. With 10% down on a conventional loan, the estimated payment is $3,690 per month ($2,709 principal & interest, $579 property tax, $159 insurance, $244 PMI) at 7.03% for 30 years, including Connecticut's 1.54% effective property tax rate.
What is the 2026 conforming loan limit in Connecticut?
$832,750 in most counties and up to $977,500 in 3 high-cost counties, including Greater Bridgeport Planning Region, Western Connecticut Planning Region, Naugatuck Valley Planning Region.
How much income do I need for a $451,000 home in Connecticut?
About $159,000 a year if housing costs stay within 28% of gross income — a common lender guideline. Lenders also look at total debt-to-income, usually capped around 43%–50%.
How much house can I afford in Connecticut on a $100,000 salary?
About $277,000 with 10% down, keeping the payment (including Connecticut property tax, insurance and PMI) within 28% of gross income at 7.03%. The typical Connecticut home ($450,873) needs roughly $159,000 a year.
Explore related calculators
Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.