🌊 Miami, FL

Mortgage Calculator Miami

Estimate your Miami monthly mortgage payment — including Florida property tax, insurance & more

$580K+

Avg Home Price

6.81%

Current Miami Rate

0.98%

FL Property Tax

Home Price ($)

Down Payment (%)

Loan Term (Years)

Interest Rate (%)

Property Tax (%)

Home Insurance ($/yr)

PMI ($/month)

HOA Fee ($/month)

Other Monthly ($)

Monthly Payment

$0.00

Principal & Interest$0.00

Property Tax (FL)$0.00

Home Insurance$0.00

PMI$0.00

HOA Fee$0.00

Other Costs$0.00

💡 Florida has no state income tax and a relatively low property tax rate of 0.98%. However, Miami homeowners insurance is among the highest in the US ($3,000–$5,000/yr) due to hurricane risk. Flood insurance may also be required in coastal zones — budget an extra $150–$400/mo.