🎈 Albuquerque, NM

Mortgage Calculator Albuquerque

Estimate your Albuquerque monthly mortgage payment — including New Mexico property tax, insurance & more

$280K+

Avg Home Price

6.59%

Current ABQ Rate

0.78%

NM Property Tax

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Monthly Payment

$0.00

Principal & Interest$0.00

Property Tax (NM)$0.00

Home Insurance$0.00

PMI$0.00

HOA Fee$0.00

Other Costs$0.00

💡 Albuquerque is New Mexico's largest city — famous for its stunning Sandia Mountains, hot air balloon festival and rich Native American culture. New Mexico has one of the lowest property tax rates in the Southwest at just 0.78%, making Albuquerque very affordable for homebuyers. Kirtland Air Force Base and Sandia National Laboratories are major employers providing a stable housing demand. The New Mexico Mortgage Finance Authority (MFA) offers down payment assistance and low-rate loans for first-time buyers.