Mortgage on a $750K house in Kentucky
$4,859 a month with 20% down — $4,036 principal and interest plus $448 property tax and $375 insurance.
Kentucky's typical property tax is 0.72% of the home's value a year (U.S. average 0.9%), which adds $448 a month on a $750K home. The typical home in Kentucky is worth $230,909, so $750K is 225% above the typical price.
$750K home in Kentucky: 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 | $823 | $4,859 | $208,200 |
| 10% down | $75,000 | $675,000 | $4,541 | $281 | $823 | $5,645 | $241,900 |
| 5% down | $37,500 | $712,500 | $4,793 | $297 | $823 | $5,913 | $253,400 |
| 3.5% down (FHA) | $26,250 | $736,416 | $4,954 | $332 | $823 | $6,108 | $261,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.72% 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 Kentucky does $750K buy a typical home?
No Kentucky county has a typical home value within 15% of $750K.
120 of 120 Kentucky counties tracked by Zillow have a typical home value at or below $750K. See all Kentucky home prices.
Other prices in Kentucky
Frequently asked questions
What is the mortgage on a $750K house in Kentucky?
About $4,859 a month with 20% down at 7.11%: $4,036 principal and interest, $448 property tax and $375 insurance.
How much do I need to make to buy a $750K house in Kentucky?
About $208,200 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $750K house in Kentucky?
At Kentucky's typical effective rate of 0.72%, about $5,374 a year. Rates vary by county and city — see the county pages.