Conventional Loan Calculator — Nevada
In Nevada, one-unit loans up to $832,750 are conforming. With 10% down on the typical $442,000 home, the $397,800 loan carries estimated PMI of 0.72% ($239/mo), which drops off after about 9 years once the balance reaches 80% of the price.
Nevada has the 6th-lowest effective property tax rate of the 50 states at 0.50% — $1,812 less a year than the 0.91% state average on a $442,000 home. Homeowners insurance averages $1,774 a year, the 14th-lowest premium nationally and $946 less than the typical state.
Loan Parameters
Total Monthly Payment
$3,225
Principal & Interest + Taxes + Insurance
APR 7.488%
Total Interest
$557,856
Total Cost
$1,099,044
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 | $31,855 | $4,018 | $27,838 | $2,864 | $393,782 | $48,218 |
| Year 2 | $31,855 | $4,309 | $27,546 | $2,864 | $389,473 | $52,527 |
| Year 3 | $31,855 | $4,622 | $27,233 | $2,864 | $384,851 | $57,149 |
| Year 4 | $31,855 | $4,958 | $26,897 | $2,864 | $379,893 | $62,107 |
| Year 5 | $31,855 | $5,318 | $26,537 | $2,864 | $374,576 | $67,425 |
| Year 6 | $31,855 | $5,704 | $26,151 | $2,864 | $368,872 | $73,128 |
| Year 7 | $31,855 | $6,118 | $25,737 | $2,864 | $362,754 | $79,246 |
| Year 8 | $31,855 | $6,562 | $25,293 | $2,864 | $356,191 | $85,809 |
| Year 9 | $31,855 | $7,039 | $24,816 | $955 | $349,153 | $92,847 |
| Year 10 | $31,855 | $7,550 | $24,305 | — | $341,603 | $100,397 |
| Year 11 | $31,855 | $8,098 | $23,757 | — | $333,505 | $108,495 |
| Year 12 | $31,855 | $8,686 | $23,169 | — | $324,819 | $117,181 |
| Year 13 | $31,855 | $9,317 | $22,538 | — | $315,502 | $126,498 |
| Year 14 | $31,855 | $9,993 | $21,862 | — | $305,509 | $136,491 |
| Year 15 | $31,855 | $10,719 | $21,136 | — | $294,790 | $147,210 |
| Year 16 | $31,855 | $11,497 | $20,358 | — | $283,293 | $158,707 |
| Year 17 | $31,855 | $12,332 | $19,523 | — | $270,961 | $171,039 |
| Year 18 | $31,855 | $13,227 | $18,628 | — | $257,733 | $184,267 |
| Year 19 | $31,855 | $14,188 | $17,667 | — | $243,546 | $198,454 |
| Year 20 | $31,855 | $15,218 | $16,637 | — | $228,328 | $213,672 |
| Year 21 | $31,855 | $16,323 | $15,532 | — | $212,005 | $229,995 |
| Year 22 | $31,855 | $17,508 | $14,347 | — | $194,497 | $247,503 |
| Year 23 | $31,855 | $18,779 | $13,076 | — | $175,717 | $266,283 |
| Year 24 | $31,855 | $20,143 | $11,712 | — | $155,574 | $286,426 |
| Year 25 | $31,855 | $21,606 | $10,250 | — | $133,969 | $308,031 |
| Year 26 | $31,855 | $23,174 | $8,681 | — | $110,794 | $331,206 |
| Year 27 | $31,855 | $24,857 | $6,998 | — | $85,937 | $356,063 |
| Year 28 | $31,855 | $26,662 | $5,193 | — | $59,276 | $382,724 |
| Year 29 | $31,855 | $28,598 | $3,257 | — | $30,678 | $411,322 |
| Year 30 | $31,859 | $30,678 | $1,181 | — | $0 | $442,000 |
Conventional Loan numbers for Nevada
- Typical Nevada home value
- $442,000
- 10% down ($44,200) · Zillow, August 31, 2026
- Loan amount
- $397,800
- conforming in all 17 Nevada counties
- Estimated monthly payment
- $3,225
- APR 7.488%
- Nevada property tax
- 0.50%
- $184/mo
- Homeowners insurance
- $1,774/yr
- $148/mo
- Nevada conforming limit
- $832,750
- Above this, the loan is jumbo
- PMI
- 0.72% · $239/mo
- Drops off after 9 years
How much house can you afford in Nevada with a conventional loan?
Highest price where principal, interest, Nevada 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 | $146,000 | $14,600 | 33% |
| $75,000 | $1,750 | $230,000 | $23,000 | 52% |
| $100,000 | $2,333 | $313,000 | $31,300 | 71% |
| $125,000 | $2,917 | $397,000 | $39,700 | 90% |
| $150,000 | $3,500 | $481,000 | $48,100 | 109% |
| $200,000 | $4,667 | $649,000 | $64,900 | 147% |
| $250,000 | $5,833 | $816,000 | $81,600 | 185% |
Conventional vs other loan types in Nevada
$442,000 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% · $44,200 | $397,800 | — | $239 PMI | $3,225 | 7.488% |
| FHA | 3.5% · $15,470 | $433,994 | UFMIP $7,464 | $198 MIP | $3,426 | 7.761% |
| VA | 0% · $0 | $451,503 | Funding fee $9,503 | $0 | $3,345 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $88,400 | $353,600 | — | $0 | $2,692 | 7.030% |
Frequently asked questions
What is the monthly payment on a $442,000 home with a conventional loan in Nevada?
Estimated $3,225 per month ($2,655 principal & interest, $184 property tax, $148 insurance, $239 PMI) at 7.03% for 30 years, with 10% down. APR 7.488%.
How much is PMI on a Nevada conventional loan?
At 90% loan-to-value, PMI is estimated at 0.72% a year ($239/mo). It can be removed once the balance reaches 80% of the home's original value.
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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
- 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
- CFPB — What is private mortgage insurance?
- Homeowners Protection Act (PMI cancellation at 78–80% LTV)
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.