Whether you're a first time home buyer in Florida or a seasoned pro, getting an accurate estimate on a mortgage payment in Florida can be difficult.
Given how much property taxes can fluctuate in Florida, we've provided a table below outlining what percentage to use for taxes in your county.
When you’re personally ready to get pre-approved or have a mortgage professional run numbers for you, give our team a call or click the “Apply” button at the top of the page. Also, if you’re beginning the process of buying a home, don’t hesitate to check out our detailed guide to buying a house to help you with the steps involved.
Mortgage Program Overviews:
Other Helpful Resources:
DID YOU KNOW? A mortgage payment in Florida is typically comprised of 4 components: the loan payment (P&I or principal and interest), Property Taxes, Homeowner’s Insurance (HOI) and Mortgage Insurance (PMI).
Our calculator will help you estimate all four aspects. Before using the Florida mortgage calculator below, here are a few directions:
PMI for the conventional mortgage are estimates only and should be used for calculating initial payments. Always call one of our loan advisors for more precise estimates.
While using a payment calculator to estimate your mortgage is a great first step, once you’re ready to see if you qualify or to get a precise payment estimate, then apply online or give one of our trusted experts a call to help guide you through the process.
Find the county you’re looking to buy in below and use the percentage in the payment calculator above.
Note: in the state of Florida, they do offer qualified homeowners a discount on property taxes through their Homestead Exemption. Once you’ve purchased a home, you will apply for your exemption through your county and they will assist in reducing your assessed value of the home that your tax is based on.
Alachua – 1.212% Baker – .813% Bay – .678% Bradford – .839% Brevard – 1.046% Broward – 1.336% Calhoun – .804% Charlotte – 1.221% Citrus – .829% Clay – .938% Collier – .810% Columbia – .976% DeSoto – 1.159% Dixie – .684% Duval – 1.047% Escambia – .806% Flagler – 1.017% Franklin – .800% Gadsden – .792% Gilchrist – .813% Glades – 1.111% Gulf – .596% Hamilton – .934% |
Hardee – 1.182% Hendry – 1.358% Hernando – 1.047% Highlands – 1.019% Hillsborough – 1.152% Holmes – .694% Indian River – .942% Jackson – .656% Jefferson – .837% Lafayette – .883% Lake – 1.116% Lee – 1.145% Leon – .977% Levy – .847% Liberty – .781% Madison – .969% Manatee – 1.126% Marion – 1.096% Martin – 1.116% Miami-Dade – 1.280% Monroe – .732% Nassau – .876% Okaloosa – .756% |
Okeechobee – 1.134% Orange – 1.180% Osceola – 1.193% Palm Beach – 1.311% Pasco – 1.070% Pinellas – 1.010% Polk – 1.042% Putnam – 1.009% St. Johns – 1.088% St. Lucie – 1.522% Santa Rosa – .800% Sarasota – 1.054% Seminole – 1.044% Sumter – 1.014% Suwannee – .867% Taylor – .827% Union - .960% Volusia – 1.116% Wakulla – .884% Walton – .564% Washington – .820%
|
Disclaimer
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.