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New Mexico Mortgage Calculator

The complete New Mexico payment — principal, interest, New Mexico property taxes, and insurance. Free, no sign-up.

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Free · No sign-up · English & Español

0.75%typical New Mexico property tax rate — below the national median of 0.85%

$2,100/yrtypical New Mexico homeowners insurance — close to the national median of $2,100/yr

$250/moproperty tax alone on a $400,000 New Mexico home at the typical rate

$2,940/moexample full PITI on a $400,000 home, 10% down, 6.75% 30-yr, typical New Mexico tax & insurance

What a mortgage really costs in New Mexico

Most calculators show principal and interest and stop there. In New Mexico, that leaves out roughly $425 a month in property taxes and insurance on a typical $400,000 home — the difference between the payment you planned for and the one you'll actually make. This calculator shows the full PITI: Principal, Interest, Taxes, and Insurance, with New Mexico's typical rates loaded automatically.

Better than typical: your exact house

Statewide averages are a starting point — New Mexico counties and towns vary. Enter a property address in the calculator and it pulls that home's actual county tax record, so you're budgeting on the real number, not an estimate. You can also compare up to three New Mexico homes side by side, complete with each one's taxes, insurance, and HOA.

Open the New Mexico calculator →

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