Mortgage Calculator for Louisiana
Pre-filled with Louisiana's average home price of $200000, property tax rate of 0.53%, and average insurance of $3500/year. Adjust any value below.
1 Loan Details
2 Monthly Costs (Louisiana averages pre-filled)
Include PMI
Required when down payment < 20%
Estimated Monthly Payment
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Enter your loan details to see your payment
Total Interest Paid
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Over loan lifetime
Total Cost
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Principal + interest
Loan Amount
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Amount financed
Down Payment
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Of home price
Monthly Payment Breakdown
Balance Over Time
Rate Comparison
How your payment changes with different interest rates
| Rate Scenario | Monthly P&I | Total Interest |
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| Enter loan details above to see rate scenarios | ||
Amortization Schedule
Full month-by-month payment breakdown
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Louisiana Housing Market
Louisiana has low home prices and property taxes, but extremely high homeowners insurance due to hurricane risk — among the highest in the nation. This significantly impacts total monthly ownership costs for coastal properties.
Affordability in Louisiana
While purchase prices are low, insurance costs of $3,000–$6,000/year in coastal areas can add $250–$500/month to total housing costs. Shreveport and northern Louisiana markets have lower insurance exposure and remain very affordable.
Key Markets
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