Mississippi (MS) · South Real Estate Profile
Mississippi Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in Mississippi. In Mississippi, the effective statewide property tax rate averages 0.79% and homeowners insurance averages 0.85% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax0.79%
Homeowners Insurance0.85%
Median Home Price$180,000
Conforming Loan Limit$766,550
Property Tax Context for Mississippi: At 0.79%, a median-priced home of $180,000 pays roughly $1,422 per year in property taxes ($119/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View Mississippi Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for Mississippi residents.
Monthly Payment Benchmarks in Mississippi (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 | MS Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $123/mo | $1,204/mo | $52,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $206/mo | $2,007/mo | $86,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $288/mo | $2,810/mo | $120,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $370/mo | $3,613/mo | $155,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $453/mo | $4,416/mo | $189,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $617/mo | $6,022/mo | $258,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $823/mo | $8,029/mo | $344,000/yr | View schedule → |
Browse all 25 loan amounts in Mississippi
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in MS$803/mo$150k in MS$1,204/mo$200k in MS$1,606/mo$250k in MS$2,007/mo$300k in MS$2,409/mo$350k in MS$2,810/mo$400k in MS$3,212/mo$450k in MS$3,613/mo$500k in MS$4,015/mo$550k in MS$4,416/mo$600k in MS$4,817/mo$650k in MS$5,219/mo$700k in MS$5,620/mo$750k in MS$6,022/mo$800k in MS$6,423/mo$850k in MS$6,825/mo$900k in MS$7,226/mo$950k in MS$7,628/mo$1 million in MS$8,029/mo$1.1 million in MS$8,832/mo$1.2 million in MS$9,635/mo$1.3 million in MS$10,438/mo$1.4 million in MS$11,241/mo$1.5 million in MS$12,044/mo$2 million in MS$16,058/mo
Explore neighboring South states
Compare mortgage payment benchmarks and property taxes across neighboring South jurisdictions:
Alabama (0.40% tax)View guide →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 →
Closing Costs & Transfer Tax in Mississippi
Mississippi has no state real estate transfer tax; standard county recording fees apply.