Tampa, Florida Mortgage Calculator - Monthly Payment with Taxes, PMI & Insurance

The statewide estimate uses Florida Department of Revenue 2025 final taxes levied divided by 2025 taxable value: about 0.6563% for school taxes and 1.0449% for non-school taxes before homestead exemptions. County pages override those rates with DOR county millage data.

For a qualifying primary residence, the first $25,000 exemption reduces both school and non-school taxable value. A second $25,000 exemption reduces only non-school taxable value. The Save Our Homes cap then limits annual assessed-value growth for continuing homesteads. Use this state mortgage calculator to combine that assumption with principal, interest, insurance, and PMI, then drill into county or city pages when you have a specific address.

The estimate includes deed documentary stamp tax on the sale price, mortgage documentary stamp tax on the loan amount, and nonrecurring intangible tax on the mortgage obligation. County files can override rates where Florida law differs, such as Miami-Dade deed documentary stamp tax.

With 20% down at 6.5% for 30 years, principal and interest are about $2,023. Using the statewide school plus non-school planning rates (about 1.70% combined before homestead), tax escrow is roughly $567 per month on $400,000; add $100 insurance for about $2,690 PITI without PMI. Homestead exemptions and county millage can lower or raise the tax line—use Miami-Dade or other county pages for local overrides.

This county page uses Florida DOR's 2025 county millage data, split into school and non-school components for the Florida homestead exemption calculation. Use this county mortgage calculator to combine that local assumption with principal, interest, insurance, and PMI so your monthly PITI estimate is closer to a full housing payment before you talk to a lender.

Hillsborough County uses a local planning benchmark of about 1.89% on this page. On a $400,000 home that is roughly $7,542 per year or $629 per month in escrow before exemptions or special districts. Parcel bills can still differ—verify the levy code on the address you are buying.

With 20% down at 6.5% for 30 years, principal and interest are about $2,023. At ~1.89% property tax, monthly escrow is about $629; with $100 insurance, estimated PITI is about $2,752 without PMI. Enter your real price and down payment above to resize the estimate, including PMI if you put less than 20% down.

Hillsborough County's ~1.89% DOR-style planning millage sets escrow, but wind and flood insurance can dominate monthly cost—especially on the coast. Model PITI here, then get insurance quotes early before relying on tax alone. Use this county mortgage calculator to combine that local assumption with principal, interest, insurance, and PMI so your monthly PITI estimate is closer to a full housing payment before you talk to a lender.

New reservations were paused as of January 7, 2026 due to funding constraints. The city plans to resume when state and federal funds replenish. The Tampa CRA DPA program may still be accepting applications for homes in designated redevelopment areas.

Up to $50,000 through Dare to Own the Dream (50-80% AMI gets the full $50K, 80-120% gets $40K, 120-140% gets $30K). CRA areas offer an additional $50,000 option. Both are 0% deferred loans forgiven after 20 years of owner-occupancy. Use this city mortgage calculator to combine that local assumption with principal, interest, insurance, and PMI so your monthly PITI estimate is closer to a full housing payment before you talk to a lender.

Dare to Own the Dream requires a minimum credit score of 600. The CRA program has similar requirements. Combined with the 50% back-end DTI limit, Tampa is one of the most accessible Florida cities for buyers with moderate credit. Use this city mortgage calculator to combine that local assumption with principal, interest, insurance, and PMI so your monthly PITI estimate is closer to a full housing payment before you talk to a lender.

With Hillsborough's 1.89% rate, a $350,000 home costs about $6,615 in annual property taxes before homestead exemptions. After the $25,000 Florida exemption, expect about $6,140. Combined with Tampa's $50K DPA, monthly payments are manageable for qualified buyers. Use this city mortgage calculator to combine that local assumption with principal, interest, insurance, and PMI so your monthly PITI estimate is closer to a full housing payment before you talk to a lender.

St. Petersburg offers up to $75,000 (20% of price + $5,000 closing costs) with 10-year forgiveness, while Tampa offers up to $50,000 with 20-year forgiveness. For a $300,000 home, St. Pete could cover $60,000 + $5,000 = $65,000, while Tampa caps at $50,000. But Tampa CRA areas offer an additional $50,000 - check if your target neighborhood qualifies.

With 20% down at 6.5% for 30 years, principal and interest are about $2,023. At ~1.89% property tax, monthly escrow is about $629; with $100 insurance, estimated PITI is about $2,752 without PMI. Adjust price, rate, and down payment above to match your offer.