Denver, CO Mortgage Calculator
Calculate your monthly mortgage payment in Denver, CO. Estimate principal, interest, property taxes, insurance, and HOA.
Estimates are based on typical housing cost data for the Denver area. For informational purposes only.
Denver Calculator
Estimate Your Monthly Payment in Denver
Pre-filled with typical Denver housing costs. Adjust inputs to match your scenario.
Loan Details
Based on current market rates
Taxes & Insurance
Annual
Annual
Additional Fees
Applied when down payment < 20%
Location
Used for local tax & insurance estimates
💡 The typical property tax rate in Denver is: 0.55%
Estimated Monthly Payment
$2,780
Compare rates from multiple lenders
For a typical home in the Denver area, your estimated monthly payment is $2,780.
Housing Costs in Denver, Colorado
Key housing cost data for homebuyers in the Denver metro area.
Median Home Price
$585,000
+39% vs. national
Property Tax Rate
0.55%
National avg: 0.99%
Avg. Insurance
$2,200/yr
Annual premium estimate
Typical HOA Fees
$300/mo
Where applicable
Denver's housing market has grown rapidly over the past decade, driven by population growth and a strong job market. Prices remain above national averages but benefit from some of the lowest property tax rates in the country.
vs. Colorado Average
+10%
State median: $530,000
vs. National Average
+39%
National median: $420,000
Scenarios
Home Buying Scenarios in Denver
Explore typical price ranges for homes in the Denver market.
Entry-Level in Denver
Est. Monthly Payment
$2,780/mo
Mid-Range in Denver
Est. Monthly Payment
$3,700/mo
High-End in Denver
Est. Monthly Payment
$5,320/mo
Dashboard
Affordability Insights
Key financial metrics based on your current scenario to help you plan ahead.
Recommended Income
$119,143/yr
Based on 28% housing ratio
Target DTI Ratio
≤ 36%
Recommended debt-to-income
Upfront Cash Needed
$97,750
Down payment + ~3% closing costs
5-Year Cost Snapshot
$166,800
Total payments over 60 months
Local Insights
Buying a Home in Denver
Key considerations for homebuyers in the Denver, CO market.
Market Position
Denver's housing market has grown rapidly over the past decade, driven by population growth and a strong job market. Prices remain above national averages but benefit from some of the lowest property tax rates in the country.
Tax Characteristics
Colorado has among the lowest property tax rates nationally. Denver's effective rate of about 0.55% provides meaningful savings compared to many peer cities.
Insurance Considerations
Hail damage is a significant insurance cost driver in the Denver metro area. Homeowners should consider policies with specific hail coverage provisions.
Affordability
A household income of approximately $120,000 is recommended to comfortably afford the median-priced home in Denver.
Denver Mortgage FAQ
Common questions about buying a home in Denver, CO
Sarah Mitchell, CFP®
Certified Financial Planner · 12+ years in mortgage lending
Content reviewed for accuracy and compliance
Important Disclaimer
This calculator provides estimates only and is not a commitment to lend. Results are based on the information you provide and may not reflect all costs associated with obtaining a mortgage.
Rates, taxes, insurance premiums, and fees vary by lender, location, and individual borrower qualifications. Consult a licensed mortgage professional for exact loan terms and personalized advice.
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