Alabama (AL) · South Real Estate Profile
Alabama Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in Alabama. In Alabama, the effective statewide property tax rate averages 0.40% and homeowners insurance averages 0.65% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax0.40%
Homeowners Insurance0.65%
Median Home Price$225,000
Conforming Loan Limit$766,550
Property Tax Context for Alabama: At 0.40%, a median-priced home of $225,000 pays roughly $900 per year in property taxes ($75/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View Alabama Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for Alabama residents.
Monthly Payment Benchmarks in Alabama (30-Year Fixed at 6.50%%)
Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:
| Loan Amount | Est. Home Value | 30-Yr P&I | AL Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $63/mo | $1,112/mo | $48,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $104/mo | $1,854/mo | $79,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $146/mo | $2,595/mo | $111,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $188/mo | $3,336/mo | $143,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $229/mo | $4,078/mo | $175,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $313/mo | $5,561/mo | $238,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $417/mo | $7,414/mo | $318,000/yr | View schedule → |
Browse all 25 loan amounts in Alabama
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in AL$741/mo$150k in AL$1,112/mo$200k in AL$1,483/mo$250k in AL$1,854/mo$300k in AL$2,224/mo$350k in AL$2,595/mo$400k in AL$2,966/mo$450k in AL$3,336/mo$500k in AL$3,707/mo$550k in AL$4,078/mo$600k in AL$4,449/mo$650k in AL$4,819/mo$700k in AL$5,190/mo$750k in AL$5,561/mo$800k in AL$5,932/mo$850k in AL$6,302/mo$900k in AL$6,673/mo$950k in AL$7,044/mo$1 million in AL$7,414/mo$1.1 million in AL$8,156/mo$1.2 million in AL$8,897/mo$1.3 million in AL$9,639/mo$1.4 million in AL$10,380/mo$1.5 million in AL$11,122/mo$2 million in AL$14,829/mo
Explore neighboring South states
Compare mortgage payment benchmarks and property taxes across neighboring South jurisdictions:
Arkansas (0.62% tax)View guide →District of Columbia (0.57% tax)View guide →Florida (0.86% tax)View guide →Georgia (0.88% tax)View guide →Kentucky (0.83% tax)View guide →Louisiana (0.56% tax)View guide →
Closing Costs & Transfer Tax in Alabama
Deed tax is $0.50 per $500 of value; mortgage recording tax is $0.15 per $100.