Louisiana Mortgage Calculator
Louisiana has the 13th-lowest effective property tax rate of the 50 states at 0.55% — $781 less a year than the 0.91% state average on a $217,000 home. Homeowners insurance averages $5,986 a year, the 2nd-highest premium nationally and $3,266 more than the typical state.
All 64 Louisiana counties use the $832,750 baseline conforming limit for 2026, so any one-unit loan above it is a jumbo loan. FHA limits run from $541,287 to $832,750 by county.
On a $217,000 home, property tax and insurance add $598 a month in Louisiana, compared with $316 in Mississippi, $412 in Arkansas, $630 in Texas.
Loan Parameters
Total Monthly Payment
$2,019
Principal & Interest + Taxes + Insurance
APR 7.488%
Total Interest
$273,881
Total Cost
$696,283
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 | $15,639 | $1,972 | $13,667 | $1,406 | $193,328 | $23,672 |
| Year 2 | $15,639 | $2,116 | $13,524 | $1,406 | $191,212 | $25,788 |
| Year 3 | $15,639 | $2,269 | $13,370 | $1,406 | $188,943 | $28,057 |
| Year 4 | $15,639 | $2,434 | $13,205 | $1,406 | $186,509 | $30,491 |
| Year 5 | $15,639 | $2,611 | $13,029 | $1,406 | $183,898 | $33,102 |
| Year 6 | $15,639 | $2,800 | $12,839 | $1,406 | $181,098 | $35,902 |
| Year 7 | $15,639 | $3,004 | $12,636 | $1,406 | $178,094 | $38,906 |
| Year 8 | $15,639 | $3,222 | $12,418 | $1,406 | $174,872 | $42,128 |
| Year 9 | $15,639 | $3,456 | $12,184 | $469 | $171,417 | $45,583 |
| Year 10 | $15,639 | $3,707 | $11,933 | — | $167,710 | $49,290 |
| Year 11 | $15,639 | $3,976 | $11,664 | — | $163,734 | $53,266 |
| Year 12 | $15,639 | $4,264 | $11,375 | — | $159,470 | $57,530 |
| Year 13 | $15,639 | $4,574 | $11,065 | — | $154,896 | $62,104 |
| Year 14 | $15,639 | $4,906 | $10,733 | — | $149,990 | $67,010 |
| Year 15 | $15,639 | $5,262 | $10,377 | — | $144,728 | $72,272 |
| Year 16 | $15,639 | $5,644 | $9,995 | — | $139,083 | $77,917 |
| Year 17 | $15,639 | $6,054 | $9,585 | — | $133,029 | $83,971 |
| Year 18 | $15,639 | $6,494 | $9,145 | — | $126,535 | $90,465 |
| Year 19 | $15,639 | $6,965 | $8,674 | — | $119,570 | $97,430 |
| Year 20 | $15,639 | $7,471 | $8,168 | — | $112,098 | $104,902 |
| Year 21 | $15,639 | $8,014 | $7,626 | — | $104,085 | $112,915 |
| Year 22 | $15,639 | $8,596 | $7,044 | — | $95,489 | $121,511 |
| Year 23 | $15,639 | $9,220 | $6,420 | — | $86,270 | $130,730 |
| Year 24 | $15,639 | $9,889 | $5,750 | — | $76,380 | $140,620 |
| Year 25 | $15,639 | $10,607 | $5,032 | — | $65,773 | $151,227 |
| Year 26 | $15,639 | $11,377 | $4,262 | — | $54,396 | $162,604 |
| Year 27 | $15,639 | $12,203 | $3,436 | — | $42,193 | $174,807 |
| Year 28 | $15,639 | $13,090 | $2,550 | — | $29,103 | $187,897 |
| Year 29 | $15,639 | $14,040 | $1,599 | — | $15,063 | $201,937 |
| Year 30 | $15,643 | $15,063 | $580 | — | $0 | $217,000 |
Louisiana mortgage data
- Typical home value
- $217,039
- Zillow ZHVI, August 31, 2026 (U.S. $368,697)
- Effective property tax rate
- 0.55%
- $1,194/yr on a $217,000 home
- Average homeowners insurance
- $5,986/yr
- $499/mo
- 2026 conforming loan limit
- $832,750
- 64 counties
- High-cost counties
- 0
- None — baseline limit statewide
- 2026 FHA loan limit (1-unit)
- $541,287 – $832,750
- Varies by county — confirm on HUD
- Current 30-yr / 15-yr fixed average
- 7.03% / 6.42%
- Freddie Mac PMMS, September 24, 2026
How much house can you afford in Louisiana?
Highest price where principal, interest, Louisiana 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 | $95,000 | $9,500 | 44% |
| $75,000 | $1,750 | $178,000 | $17,800 | 82% |
| $100,000 | $2,333 | $261,000 | $26,100 | 120% |
| $125,000 | $2,917 | $345,000 | $34,500 | 159% |
| $150,000 | $3,500 | $428,000 | $42,800 | 197% |
| $200,000 | $4,667 | $595,000 | $59,500 | 274% |
| $250,000 | $5,833 | $761,000 | $76,100 | 351% |
Louisiana mortgage payment by loan amount
30-year fixed at 7.03%, 20% down, with Louisiana property tax and insurance on the matching home price.
| Loan amount | P&I | Total / month | Income needed | Loan type |
|---|---|---|---|---|
| $150,000 mortgage | $1,001 | $1,586 | $68,000 | Conforming |
| $175,000 mortgage | $1,168 | $1,767 | $76,000 | Conforming |
| $200,000 mortgage | $1,335 | $1,948 | $84,000 | Conforming |
| $225,000 mortgage | $1,501 | $2,129 | $92,000 | Conforming |
| $250,000 mortgage | $1,668 | $2,310 | $100,000 | Conforming |
| $275,000 mortgage | $1,835 | $2,492 | $107,000 | Conforming |
| $300,000 mortgage | $2,002 | $2,673 | $115,000 | Conforming |
| $325,000 mortgage | $2,169 | $2,854 | $123,000 | Conforming |
| $350,000 mortgage | $2,336 | $3,035 | $131,000 | Conforming |
| $375,000 mortgage | $2,502 | $3,216 | $138,000 | Conforming |
| $400,000 mortgage | $2,669 | $3,397 | $146,000 | Conforming |
| $425,000 mortgage | $2,836 | $3,578 | $154,000 | Conforming |
| $450,000 mortgage | $3,003 | $3,760 | $162,000 | Conforming |
| $475,000 mortgage | $3,170 | $3,941 | $169,000 | Conforming |
| $500,000 mortgage | $3,337 | $4,122 | $177,000 | Conforming |
| $525,000 mortgage | $3,503 | $4,303 | $185,000 | Conforming |
| $550,000 mortgage | $3,670 | $4,484 | $193,000 | Conforming |
| $575,000 mortgage | $3,837 | $4,665 | $200,000 | Conforming |
| $600,000 mortgage | $4,004 | $4,846 | $208,000 | Conforming |
| $625,000 mortgage | $4,171 | $5,028 | $216,000 | Conforming |
| $650,000 mortgage | $4,338 | $5,209 | $224,000 | Conforming |
| $675,000 mortgage | $4,504 | $5,390 | $231,000 | Conforming |
| $700,000 mortgage | $4,671 | $5,571 | $239,000 | Conforming |
| $725,000 mortgage | $4,838 | $5,752 | $247,000 | Conforming |
| $750,000 mortgage | $5,005 | $5,933 | $255,000 | Conforming |
| $775,000 mortgage | $5,172 | $6,115 | $263,000 | Conforming |
| $800,000 mortgage | $5,339 | $6,296 | $270,000 | Conforming |
| $825,000 mortgage | $5,505 | $6,477 | $278,000 | Conforming |
| $850,000 mortgage | $5,672 | $6,658 | $286,000 | Jumbo |
| $875,000 mortgage | $5,839 | $6,839 | $294,000 | Jumbo |
| $900,000 mortgage | $6,006 | $7,020 | $301,000 | Jumbo |
| $925,000 mortgage | $6,173 | $7,201 | $309,000 | Jumbo |
| $950,000 mortgage | $6,340 | $7,383 | $317,000 | Jumbo |
| $975,000 mortgage | $6,506 | $7,564 | $325,000 | Jumbo |
| $1,000,000 mortgage | $6,673 | $7,745 | $332,000 | Jumbo |
| $1,100,000 mortgage | $7,341 | $8,470 | $363,000 | Jumbo |
| $1,200,000 mortgage | $8,008 | $9,194 | $395,000 | Jumbo |
| $1,300,000 mortgage | $8,675 | $9,919 | $426,000 | Jumbo |
| $1,400,000 mortgage | $9,342 | $10,643 | $457,000 | Jumbo |
| $1,500,000 mortgage | $10,010 | $11,368 | $488,000 | Jumbo |
Loan programs compared in Louisiana
$217,000 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% · $21,700 | $195,300 | — | $117 PMI | $2,019 | 7.488% |
| FHA | 3.5% · $7,595 | $213,070 | UFMIP $3,665 | $97 MIP | $2,117 | 7.761% |
| VA | 0% · $0 | $221,666 | Funding fee $4,666 | $0 | $2,078 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $43,400 | $173,600 | — | $0 | $1,757 | 7.030% |
Frequently asked questions
What is the monthly mortgage payment on a $217,000 home in Louisiana?
$217,000 is the typical Louisiana home value. With 10% down on a conventional loan, the estimated payment is $2,019 per month ($1,303 principal & interest, $99 property tax, $499 insurance, $117 PMI) at 7.03% for 30 years, including Louisiana's 0.55% effective property tax rate.
What is the 2026 conforming loan limit in Louisiana?
$832,750 for a one-unit home in all 64 counties. Larger loans are jumbo loans.
How much income do I need for a $217,000 home in Louisiana?
About $87,000 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 Louisiana on a $100,000 salary?
About $261,000 with 10% down, keeping the payment (including Louisiana property tax, insurance and PMI) within 28% of gross income at 7.03%. The typical Louisiana home ($217,039) needs roughly $87,000 a year.
Explore related calculators
Louisiana calculators by loan type
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.