Pennsylvania · PA

Pennsylvania Mortgage Calculator

Pre-filled for Pennsylvania: median home price $270,000, average property tax rate 1.49%. Adjust any slider to make it yours.

Flat 3.07% state income tax.

Pennsylvania housing at a glance

Median home price: $270,000
Effective property tax rate: 1.49% / yr
Annual property tax (median home): $4,023
Est. monthly tax escrow: $335
State income tax: Yes

Sources: regional housing data 2025 (median price), state assessor averages 2024–2025 (tax rate).

Buying a home in Pennsylvania

The median home price in Pennsylvania is around $270,000 and the effective property tax rate averages 1.49%of assessed value per year. 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.

A 20% down payment on the median home in Pennsylvania is $54,000. Putting down at least 20% eliminates private mortgage insurance (PMI), which typically adds 0.3–1.5% of the loan amount per year to your monthly payment.

Transfer tax & closing costs in Pennsylvania

Pennsylvania's state Realty Transfer Tax is 1% of price; most localities (including Philadelphia) add another 1–3.278% on top.

Beyond transfer taxes, total closing costs in Pennsylvaniatypically range from 2–5% of the purchase price — including lender origination fees, title insurance, appraisal, and prepaid interest. On the median home that's roughly $5,400–$13,500.

Foreclosure & legal context

Foreclosure type: Judicial (court-supervised)
Security instrument: Mortgage
Deficiency liability: Recourse

Pennsylvania mortgage FAQ

What is the monthly mortgage payment for a median-priced home in Pennsylvania?: At the current 30-year fixed rate of ~6.81%, a $270,000 home in Pennsylvania with 20% down ($54,000) carries a principal-and-interest payment of ~$1,410/mo. Add property tax (~$335/mo at 1.49%) and homeowners insurance and your total is roughly $1,745/mo. Use the calculator above to adjust for your exact down payment and rate.
What is the property tax rate in Pennsylvania?: The effective statewide property tax rate in Pennsylvania averages 1.49% of assessed value per year. On a $270,000 home, that works out to roughly $4,023 per year ($335/mo). Individual county rates vary.
Does Pennsylvania have a state income tax?: Yes, Pennsylvania has a state income tax. This affects your net take-home pay and therefore your effective purchasing power — use our salary calculator to estimate what's left after tax.
What are the closing costs and transfer taxes in Pennsylvania?: Pennsylvania's state Realty Transfer Tax is 1% of price; most localities (including Philadelphia) add another 1–3.278% on top.
What type of foreclosure does Pennsylvania use?: Pennsylvania uses judicial foreclosure, meaning a lender must file a lawsuit and obtain a court judgment before selling a property.

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