Colorado Mortgage Calculator

Estimate your full Colorado monthly payment — principal and interest, property tax, homeowners insurance, mortgage insurance and HOA or metro district costs — with Colorado defaults.

  • 1 Estimate your payment
  • 2 Check down payment help
  • 3 Understand rate locks

    • The short answer

    A Colorado mortgage payment includes principal and interest plus property tax, homeowners insurance, mortgage insurance with less than 20% down, and any HOA dues. Colorado's effective residential property tax rates are among the lowest in the country, often around 0.5%–0.6% of value, though metro districts in newer neighborhoods can add meaningfully to the bill.

    Estimate your Colorado payment

    Estimated monthly payment

    $4,000

    Principal & interest

    $3,271

    Property tax

    $264

    Home insurance

    $250

    Mortgage insurance (est.)

    $216

    HOA / district

    $0

    Loan amount

    $517,500

    Down payment

    $57,500

    Estimate only. The interest rate is an example you can change — it is not a quote. Taxes, insurance and mortgage insurance are planning defaults.

    Colorado payment tips

  • Use about 0.5%–0.6% for property tax, and ask whether the home is in a metro district.
  • Budget extra for homeowners insurance — hail and wildfire risk push premiums up.
  • Include HOA dues, which are common in newer Front Range communities.
  • Plan for closing costs and reserves on top of your down payment.

    • Want amortization and PMI detail? Try the full mortgage calculator.

    Colorado questions

    How much is property tax in Colorado?

    Effective residential rates are often around 0.5%–0.6% of market value, among the lowest in the U.S. Metro districts in newer neighborhoods can add to that.

    Why is homeowners insurance high in Colorado?

    Hail and wildfire losses have pushed premiums up across much of the state. Get a quote early so your payment estimate is realistic.

    Does the calculator include mortgage insurance?

    Yes. With less than 20% down it adds an estimated monthly mortgage insurance amount. Your actual cost depends on credit score, loan type and down payment.

    Next step

    Check down payment help in Colorado

    Keep exploring

    First-time buyers in Colorado

    Programs, credit minimums and steps.

    Mortgage pre-approval guide

    What lenders verify and how long it takes.

    The home buying process

    All 8 steps from search to closing.

    Closing costs explained

    What you'll pay at closing and why.