Mortgage on a $800K house in Kentucky
$5,183 a month with 20% down — $4,305 principal and interest plus $478 property tax and $400 insurance.
Kentucky's typical property tax is 0.72% of the home's value a year (U.S. average 0.9%), which adds $478 a month on a $800K home. The typical home in Kentucky is worth $230,909, so $800K is 246% above the typical price.
$800K home in Kentucky: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $160,000 | $640,000 | $4,305 | $0 | $878 | $5,183 | $222,100 |
| 10% down | $80,000 | $720,000 | $4,843 | $300 | $878 | $6,021 | $258,100 |
| 5% down | $40,000 | $760,000 | $5,113 | $317 | $878 | $6,307 | $270,300 |
| 3.5% down (FHA) | $28,000 | $785,510 | $5,284 | $354 | $878 | $6,516 | $279,200 |
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 $800K buy a typical home?
No Kentucky county has a typical home value within 15% of $800K.
120 of 120 Kentucky counties tracked by Zillow have a typical home value at or below $800K. See all Kentucky home prices.
Other prices in Kentucky
Frequently asked questions
What is the mortgage on a $800K house in Kentucky?
About $5,183 a month with 20% down at 7.11%: $4,305 principal and interest, $478 property tax and $400 insurance.
How much do I need to make to buy a $800K house in Kentucky?
About $222,100 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $800K house in Kentucky?
At Kentucky's typical effective rate of 0.72%, about $5,732 a year. Rates vary by county and city — see the county pages.