Jacksonville, FL Mortgage Calculator
Estimate your monthly mortgage payment in Jacksonville including property taxes, homeowners insurance, PMI, and 2026 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 Jacksonville 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.
Jacksonville'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 Jacksonville 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
Extra Monthly Payment
Estimated Monthly Payment
$2,186
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
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. | Payment | Principal | Interest | Balance | Total 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 |
2026 Loan Limits — Duval County, FL
| Limit Type | 2026 Limit | Note |
|---|---|---|
| FHA Loan Limit (1-unit) | $524,225 | Max loan for FHA-insured mortgage |
| Conforming Loan Limit (1-unit) | $806,500 | Fannie Mae / Freddie Mac eligible |
Source: HUD / FHFA. Data as of 2025-01-15.
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