Mortgage Payments by State 2026, Ranked

Median-price mortgage payments for all 50 states + D.C. in 2026: $881 in WV to $4,130 in HI, computed at 20% down and 6.3% fixed.

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What does a median-priced home actually cost per month where you live? We ran all 50 states plus Washington, D.C. through the same loan — March 2026 median price, 20% down, 30-year fixed at 6.3% — so every number below is directly comparable.

The national picture first: at the $370,503 U.S. median, the payment is $1,835/month in principal and interest. But the range is enormous — Hawaii costs 4.69 times West Virginia — which is why national averages mislead buyers comparing states.

How we calculated it

Each state starts from its March 2026 median home value (Zillow data via Experian, March 2026). We subtract 20% down, then amortize the remaining loan over 30 years at 6.3% fixed using the standard formula M = P·r/(1−(1+r)^−360) with r = 0.063/12. No taxes, insurance, HOA, or PMI are included — this is principal and interest only, so interstate tax differences never distort the ranking. Reproduce any row in seconds with our Mortgage Calculator by entering 80% of the listed price at 6.3% over 30 years.

Key findings

Hawaii leads at $4,130/month on an $834,025 median — more than double the national payment.
West Virginia is cheapest at $881/month on a $177,887 median; Mississippi ($973) is the only other state under $1,000.
The coasts dominate the top 10: eight of the twelve priciest states touch an ocean.
Only eight states sit under $1,200/month — all in the South and Midwest (WV, MS, LA, OK, AR, KY, IA, AL).
The Mountain West split: Utah ($2,700) and Colorado ($2,716) cost nearly double neighboring New Mexico ($1,580).

The full 51-state ranking

Hawaii — $4,130/mo: $834,025 median price, $667,220 loan after 20% down.
California — $3,854/mo: $778,217 median price, $622,574 loan after 20% down.
Massachusetts — $3,307/mo: $667,829 median price, $534,263 loan after 20% down.
Washington — $3,019/mo: $609,756 median price, $487,805 loan after 20% down.
District of Columbia — $2,912/mo: $588,045 median price, $470,436 loan after 20% down.
New Jersey — $2,855/mo: $576,610 median price, $461,288 loan after 20% down.
Colorado — $2,716/mo: $548,480 median price, $438,784 loan after 20% down.
Utah — $2,700/mo: $545,331 median price, $436,265 loan after 20% down.
New Hampshire — $2,557/mo: $516,457 median price, $413,166 loan after 20% down.
New York — $2,542/mo: $513,450 median price, $410,760 loan after 20% down.
Rhode Island — $2,518/mo: $508,519 median price, $406,815 loan after 20% down.
Oregon — $2,506/mo: $506,014 median price, $404,811 loan after 20% down.
Idaho — $2,394/mo: $483,379 median price, $386,703 loan after 20% down.
Montana — $2,341/mo: $472,698 median price, $378,158 loan after 20% down.
Nevada — $2,225/mo: $449,421 median price, $359,537 loan after 20% down.
Connecticut — $2,199/mo: $444,038 median price, $355,230 loan after 20% down.
Maryland — $2,150/mo: $434,258 median price, $347,406 loan after 20% down.
Arizona — $2,109/mo: $425,807 median price, $340,646 loan after 20% down.
Virginia — $2,065/mo: $416,963 median price, $333,570 loan after 20% down.
Maine — $2,059/mo: $415,853 median price, $332,682 loan after 20% down.
Delaware — $2,033/mo: $410,545 median price, $328,436 loan after 20% down.
Vermont — $1,973/mo: $398,472 median price, $318,778 loan after 20% down.
Alaska — $1,941/mo: $391,973 median price, $313,578 loan after 20% down.
Florida — $1,875/mo: $378,667 median price, $302,934 loan after 20% down.
Wyoming — $1,814/mo: $366,235 median price, $292,988 loan after 20% down.
Minnesota — $1,755/mo: $354,374 median price, $283,499 loan after 20% down.
North Carolina — $1,682/mo: $339,594 median price, $271,675 loan after 20% down.
Wisconsin — $1,677/mo: $338,665 median price, $270,932 loan after 20% down.
Tennessee — $1,665/mo: $336,228 median price, $268,982 loan after 20% down.
Georgia — $1,659/mo: $335,116 median price, $268,093 loan after 20% down.
South Dakota — $1,599/mo: $322,999 median price, $258,399 loan after 20% down.
New Mexico — $1,580/mo: $319,165 median price, $255,332 loan after 20% down.
South Carolina — $1,524/mo: $307,843 median price, $246,274 loan after 20% down.
Texas — $1,506/mo: $304,099 median price, $243,279 loan after 20% down.
Illinois — $1,451/mo: $292,979 median price, $234,383 loan after 20% down.
North Dakota — $1,434/mo: $289,692 median price, $231,754 loan after 20% down.
Pennsylvania — $1,430/mo: $288,697 median price, $230,958 loan after 20% down.
Nebraska — $1,396/mo: $281,822 median price, $225,458 loan after 20% down.
Missouri — $1,326/mo: $267,791 median price, $214,233 loan after 20% down.
Michigan — $1,318/mo: $266,122 median price, $212,898 loan after 20% down.
Indiana — $1,283/mo: $259,148 median price, $207,318 loan after 20% down.
Kansas — $1,233/mo: $248,965 median price, $199,172 loan after 20% down.
Ohio — $1,228/mo: $247,931 median price, $198,345 loan after 20% down.
Alabama — $1,182/mo: $238,703 median price, $190,962 loan after 20% down.
Iowa — $1,176/mo: $237,481 median price, $189,985 loan after 20% down.
Kentucky — $1,167/mo: $235,735 median price, $188,588 loan after 20% down.
Arkansas — $1,118/mo: $225,790 median price, $180,632 loan after 20% down.
Oklahoma — $1,106/mo: $223,346 median price, $178,677 loan after 20% down.
Louisiana — $1,069/mo: $215,842 median price, $172,674 loan after 20% down.
Mississippi — $973/mo: $196,428 median price, $157,142 loan after 20% down.
West Virginia — $881/mo: $177,887 median price, $142,310 loan after 20% down.

What this leaves out

Real monthly costs run higher everywhere: property taxes (roughly 0.3% effective in Hawaii versus 2.4%+ in New Jersey and Illinois), homeowners insurance (hurricane and wildfire states pay multiples), HOA dues, and PMI when the down payment falls below 20%. A $1,506 Texas payment can easily pass $2,000 once 1.8% property tax joins. Convert any row above into a full payment with local tax and insurance, check whether you can drop PMI with our PMI Calculator, test renting versus buying with our Rent vs Buy Calculator, and confirm the price fits your income with our House Affordability Calculator before making an offer.

Cite this study

Bloggers and journalists: quote any figure with a link to https://www.atlascalcs.com/article-mortgage-payment-by-state-2026 — for example, "According to Atlascalcs analysis of March 2026 median prices, a median-priced home costs $1,835/month nationally at 20% down and 6.3%." Every figure is reproducible from the formula above. Pair the citation with our free Mortgage Calculator embed (copy-paste iframe on the atlascalcs.com/embed page) so your readers can run their own numbers.

By AtlasCalcs Editorial Team · 2026-10-04 · 9 min read

Open interactive Mortgage Payments by State 2026, Ranked at Atlascalcs