Kentucky Mortgage Calculator
See your monthly payment on a Kentucky home, including property tax at the state average of 0.83%.
Monthly payment in Kentucky
With 20% down, a 30-year loan at 6.5% and Kentucky's effective property tax of 0.83%:
| Home price | Principal and interest | Property tax | Insurance (est.) | Total per month |
|---|---|---|---|---|
| $250,000 | $1,264 | $173 | $150 | $1,587 |
| $300,000 | $1,517 | $208 | $150 | $1,874 |
| $400,000 | $2,023 | $277 | $150 | $2,449 |
| $500,000 | $2,528 | $346 | $150 | $3,024 |
| $600,000 | $3,034 | $415 | $150 | $3,599 |
The 6.5% rate is an example. Current rates change weekly; see Freddie Mac for the latest average.
Property tax in Kentucky
The effective property tax rate in Kentucky is about 0.83% of a home's value each year. On a $400,000 home that is roughly $3,320 a year or $277 a month. Actual bills depend on county, school district and exemptions.
How Kentucky property tax compares
The average effective property tax rate across states is about 0.99%. Kentucky ranks number 24 of 51 from lowest to highest. States with the closest rates:
| State | Effective rate | Monthly tax on $400,000 |
|---|---|---|
| North Carolina | 0.8% | $267 |
| Indiana | 0.81% | $270 |
| Virginia | 0.82% | $273 |
| Kentucky | 0.83% | $277 |
| Washington | 0.84% | $280 |
| Georgia | 0.87% | $290 |
| Oregon | 0.87% | $290 |
15-year or 30-year loan?
| Loan on $320,000 at 6.5% | Monthly principal and interest | Total interest |
|---|---|---|
| 30-year fixed | $2,023 | $408,142 |
| 15-year fixed | $2,788 | $181,758 |
A 15-year loan costs more each month but saves a large amount of interest. Property tax and insurance in Kentucky come on top of either payment.
Frequently asked questions
How much is a $400,000 mortgage payment in Kentucky?
With 20% down at 6.5% for 30 years the payment is about $2,449 a month including estimated tax and insurance.
Sources and method
Page last updated November 2026. See our editorial policy and disclaimer.