Illinois
Illinois Mortgage Calculator
Pre-filled for Illinois: median home price $270,000, average property tax rate 2.07%. Adjust any slider to make it yours.
Second-highest property tax rate in the US.
Buying a home in Illinois
The median home price in Illinois is around $270,000, and the effective property tax rate averages 2.07%. Most lenders look for a debt-to-income (DTI) ratio under 43%, meaning your total monthly debt payments (including this mortgage) shouldn't exceed 43% of your gross income.