Mortgage on a $750K house in Colorado
$4,736 a month with 20% down — $4,036 principal and interest plus $324 property tax and $375 insurance.
Colorado's typical property tax is 0.52% of the home's value a year (U.S. average 0.9%), which adds $324 a month on a $750K home. The typical home in Colorado is worth $529,013, so $750K is 42% above the typical price.
$750K home in Colorado: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $150,000 | $600,000 | $4,036 | $0 | $699 | $4,736 | $203,000 |
| 10% down | $75,000 | $675,000 | $4,541 | $281 | $699 | $5,521 | $236,600 |
| 5% down | $37,500 | $712,500 | $4,793 | $297 | $699 | $5,789 | $248,100 |
| 3.5% down (FHA) | $26,250 | $736,416 | $4,954 | $332 | $699 | $5,985 | $256,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Colorado does $750K buy a typical home?
In these counties the typical home value is within 15% of $750K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Grand County | $742,708 | 0.34% | $4,626 |
| Gunnison County | $723,157 | 0.29% | $4,592 |
| Ouray County | $791,603 | 0.28% | $4,584 |
| Boulder County | $706,773 | 0.53% | $4,742 |
| Garfield County | $704,470 | 0.42% | $4,672 |
| Douglas County | $694,570 | 0.55% | $4,757 |
| Chaffee County | $686,577 | 0.29% | $4,590 |
| La Plata County | $678,547 | 0.26% | $4,575 |
| Elbert County | $675,289 | 0.45% | $4,694 |
56 of 62 Colorado counties tracked by Zillow have a typical home value at or below $750K. See all Colorado home prices.
Other prices in Colorado
Frequently asked questions
What is the mortgage on a $750K house in Colorado?
About $4,736 a month with 20% down at 7.11%: $4,036 principal and interest, $324 property tax and $375 insurance.
How much do I need to make to buy a $750K house in Colorado?
About $203,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $750K house in Colorado?
At Colorado's typical effective rate of 0.52%, about $3,891 a year. Rates vary by county and city — see the county pages.