Nevada Mortgage Calculator
Calculate your monthly payment in Nevada, with property tax included using the state's effective rate of 0.47%. 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 Nevada: the numbers
Nevada has one of the lowest effective property tax rates in the country. At 0.47%, it is 49% below the 0.92% national average, and it ranks 48th out of 50 when states are ordered from highest rate to lowest.
A median-valued home in Nevada is worth $435,400 and carries a median property tax of $2,027 per year, or roughly $169 per month. By median home value the state ranks 9th out of 50 (1 = highest), and by median annual property tax it ranks 34th.
| Effective property tax rate | 0.47% |
|---|---|
| Median home value | $435,400 |
| Median annual property tax | $2,027 |
| Rank by rate (1 = highest of 50) | 48 |
| Difference vs 0.92% national average | 0.45 points below (49% below) |
What this means for your monthly payment
Two worked examples for Nevada, using the figures above:
Example 1: the median home
$2,027 per year ÷ 12 = about $169 per month in property tax (median home value: $435,400).
Example 2: a $300,000 home
$300,000 × 0.47% ÷ 12 = about $118 per month, or $1,410 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Nevada it is about $1,410, which is $1,350 less per year (about $112 less per month).
Compare with similar states
States ranked just above and just below Nevada by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Nevada property tax FAQ
What is the property tax rate in Nevada?
The effective property tax rate in Nevada is 0.47%. That is 49% below the 0.92% national average, and the state ranks 48th out of 50 when states are ordered from highest rate to lowest.
How much is property tax on a $300,000 home in Nevada?
At Nevada's effective rate of 0.47%, property tax on a $300,000 home works out to about $1,410 per year, or about $118 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Nevada is about $1,350 less per year.
How much is property tax on the median home in Nevada?
The median home value in Nevada is $435,400, and the median annual property tax is $2,027, which is about $169 per month.
Does the property tax rate vary inside Nevada?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 0.47% 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.