Missouri Mortgage Calculator
Calculate your monthly payment in Missouri, with property tax included using the state's effective rate of 0.85%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Missouri: the numbers
Missouri's effective property tax rate of 0.85% is close to the 0.92% national average (8% below). The state ranks 23rd out of 50 when states are ordered from highest rate to lowest.
A median-valued home in Missouri is worth $230,300 and carries a median property tax of $1,948 per year, or roughly $162 per month. By median home value the state ranks 39th out of 50 (1 = highest), and by median annual property tax it ranks 35th.
| Effective property tax rate | 0.85% |
|---|---|
| Median home value | $230,300 |
| Median annual property tax | $1,948 |
| Rank by rate (1 = highest of 50) | 23 |
| Difference vs 0.92% national average | 0.07 points below (8% below) |
What this means for your monthly payment
Two worked examples for Missouri, using the figures above:
Example 1: the median home
$1,948 per year ÷ 12 = about $162 per month in property tax (median home value: $230,300).
Example 2: a $300,000 home
$300,000 × 0.85% ÷ 12 = about $213 per month, or $2,550 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Missouri it is about $2,550, which is $210 less per year (about $17 less per month).
Compare with similar states
States ranked just above and just below Missouri by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- South Dakota — 1.06% (rank 18)
- Minnesota — 1.02% (rank 19)
- Maine — 1.02% (rank 19)
- North Dakota — 0.99% (rank 21)
- Maryland — 0.97% (rank 22)
Ranked just below (lower rate)
- Washington — 0.81% (rank 24)
- Oregon — 0.81% (rank 24)
- Oklahoma — 0.80% (rank 26)
- Georgia — 0.77% (rank 27)
- Florida — 0.76% (rank 28)
Missouri property tax FAQ
What is the property tax rate in Missouri?
The effective property tax rate in Missouri is 0.85%. That is 8% below the 0.92% national average, and the state ranks 23rd out of 50 when states are ordered from highest rate to lowest.
How much is property tax on a $300,000 home in Missouri?
At Missouri's effective rate of 0.85%, property tax on a $300,000 home works out to about $2,550 per year, or about $213 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Missouri is about $210 less per year.
How much is property tax on the median home in Missouri?
The median home value in Missouri is $230,300, and the median annual property tax is $1,948, which is about $162 per month.
Does the property tax rate vary inside Missouri?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 0.85% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.