Mortgage on a $750K house in North Carolina
$4,808 a month with 20% down — $4,036 principal and interest plus $397 property tax and $375 insurance.
North Carolina's typical property tax is 0.64% of the home's value a year (U.S. average 0.9%), which adds $397 a month on a $750K home. The typical home in North Carolina is worth $332,159, so $750K is 126% above the typical price.
$750K home in North Carolina: 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 | $772 | $4,808 | $206,100 |
| 10% down | $75,000 | $675,000 | $4,541 | $281 | $772 | $5,594 | $239,700 |
| 5% down | $37,500 | $712,500 | $4,793 | $297 | $772 | $5,862 | $251,200 |
| 3.5% down (FHA) | $26,250 | $736,416 | $4,954 | $332 | $772 | $6,058 | $259,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% 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 North Carolina does $750K buy a typical home?
No North Carolina county has a typical home value within 15% of $750K.
100 of 100 North Carolina counties tracked by Zillow have a typical home value at or below $750K. See all North Carolina home prices.
Other prices in North Carolina
Frequently asked questions
What is the mortgage on a $750K house in North Carolina?
About $4,808 a month with 20% down at 7.11%: $4,036 principal and interest, $397 property tax and $375 insurance.
How much do I need to make to buy a $750K house in North Carolina?
About $206,100 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $750K house in North Carolina?
At North Carolina's typical effective rate of 0.64%, about $4,763 a year. Rates vary by county and city — see the county pages.