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Duval County, FL Mortgage Calculator

Estimate your monthly mortgage payment in Duval County with local property tax rates, homeowners insurance, and 2026 FHA and conforming loan limits.

Local Home Values & Affordability

Among the Florida counties we track, Duval County is among the most affordable at $300,000 — significantly below Miami-Dade County at $560,000.

A 20% down payment on a median Duval County home requires $60,000 in cash — or $10,500 for an FHA-minimum 3.5% down payment. Buyers with less than 20% down will also need to budget for PMI or FHA MIP.

Duval County's median home value of $300,000 is close to the national median of $310,000, putting most buyers in the conforming loan range with conventional or FHA options readily available.

Property Tax in This Market

Based on the 0.89% effective rate and a median home value of $300,000, a typical homeowner in Duval County pays approximately $2,670 in annual property taxes — or $223 per month added to their mortgage payment.

Duval County's property tax rate of 0.89% is close to the national average of 1.10%. On a median-priced home of $300,000, expect an annual tax bill of approximately $2,670.

Sources: Tax Foundation 2025

Homeowners Insurance Costs

Homeowners insurance in Duval County averages around $4,500/year ($375/month) — roughly 181% above the national average of $1,600.

Premium quotes in Duval County typically range from $2,800 to $7,500 per year depending on home age, construction type, coverage limits, and your insurer. Always get multiple quotes.

Sources: NAIC 2024

Loan Limits & Financing Options

A buyer purchasing the median Duval County home ($300,000) with FHA's minimum 3.5% down would borrow $289,500 — well within the $541,287 baseline FHA limit for this county. FHA financing is a viable option for most buyers here.

With 20% down on a median-priced home, the loan amount of $240,000 stays $592,750 below the $832,750 conforming limit — giving buyers access to conventional Fannie/Freddie pricing without jumbo underwriting.

All FHA loans require an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus an annual MIP of 0.55%–0.75% of the loan balance paid monthly. On a $289,500 FHA loan, expect approximately $133/month in ongoing MIP — added to principal, interest, taxes, and insurance.

Sources: HUD ML 2025-23, FHFA 2026, HUD MIP Rates 2023

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%

≈ $60,000

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Illustrative — check with your lender

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Extra Monthly Payment

$

Estimated Monthly Payment

$2,186

Estimates are for educational purposes only and are not a loan offer or commitment to lend.

FHA Eligible

Loan Amount: $240,000

LTV: 0.01%

P&I Payment

$1,589

Total Interest

$331,923

over loan life

Payoff

30 yr

Closing Costs

$5,745–$10,724

est. range

Monthly Payment Breakdown

2026 Loan Limit Context

FHA Limit

$541,287

Conforming Limit

$832,750

Amortization Schedule

Mo.PaymentPrincipalInterestBalanceTotal Interest
1$1,589$199$1,390$239,801$1,390
2$1,589$200$1,389$239,602$2,779
3$1,589$201$1,388$239,401$4,167
4$1,589$202$1,387$239,198$5,553
5$1,589$203$1,385$238,995$6,938
6$1,589$205$1,384$238,791$8,323
7$1,589$206$1,383$238,585$9,706
8$1,589$207$1,382$238,378$11,087
9$1,589$208$1,381$238,170$12,468
10$1,589$209$1,379$237,961$13,847
11$1,589$210$1,378$237,750$15,226
12$1,589$212$1,377$237,538$16,603
Months 112 of 360

2026 Loan Limits — Duval County, FL

Limit Type2026 LimitNote
FHA Loan Limit (1-unit)$524,225Max loan for FHA-insured mortgage
Conforming Loan Limit (1-unit)$806,500Fannie Mae / Freddie Mac eligible

Source: HUD / FHFA. Data as of 2025-01-15.

FAQ — Duval County Mortgage

What is the property tax rate in Duval County?
The effective property tax rate in Duval County is approximately 0.89%. This means a home worth $300,000 would have an estimated annual tax bill of about $2,670.
What is the 2026 FHA loan limit in Duval County?
The 2026 FHA loan limit for a single-family home in Duval County, FL is $524,225.
What is the conforming loan limit in Duval County?
The 2026 conforming loan limit in Duval County is $806,500. Loans above this amount are considered jumbo loans.
Is Florida's no-income-tax advantage real for mortgage borrowers?
Yes — Florida has no state income tax, which increases take-home pay for workers here. However, this benefit is partially offset by higher homeowners insurance costs (among the highest in the nation due to hurricane risk) and rising property taxes in fast-appreciating markets like Miami, Tampa, and Orlando.
Does my Florida mortgage payment include hurricane or flood insurance?
Standard homeowners insurance policies do not cover flood damage — that requires a separate flood insurance policy through FEMA's National Flood Insurance Program (NFIP) or a private carrier. Wind insurance is often bundled with standard policies, but in high-risk coastal zones, a separate windstorm policy may be required. Both can add hundreds of dollars to your monthly housing cost.
How much should I budget for closing costs in FL?
Closing costs typically range from 2–5% of the loan amount. For a $350,000 loan, that's roughly $7,000–$17,500. FL buyers should also account for state and county transfer taxes, title insurance, and prepaid escrow items (property taxes and insurance). Always request a Loan Estimate from your lender within 3 days of application — it itemizes every cost.
What does PITI mean and why does it matter in Duval County?
PITI stands for Principal, Interest, Taxes, and Insurance — the four components of a full monthly mortgage payment. Lenders qualify you based on your total PITI payment, not just principal and interest. In Duval County, property taxes and insurance can add hundreds of dollars per month to your P&I payment, so it's essential to use a calculator that includes all four components.

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