Westchester County, New York Mortgage Calculator - Estimate Your Monthly Payment with Taxes, PMI & Insurance
Westchester County mortgage recording fees are among the highest in New York — the MT-15 table totals 1.30% on the loan amount (one-time), plus property taxes from city/town, village, school, and special-district layers. Use this page for monthly PITI; use the New York transfer tax calculator for deed/recording line items alone. On a $400,000 Westchester County example with 20% down at 6.5% for 30 years, principal and interest are about $2,023; property tax escrow at ~2.72% is about $907/mo, for estimated PITI near $3,030 before PMI.
Loan Details
$70,000 · LTV 80%
Buyer Profile
Extra Payment
Optional principal-only payment used to estimate payoff speed and interest savings.
Monthly Payment
$1,770 Principal & Interest · $725 Property Taxes · $125 Other
Embed this calculator
Paste the HTML below into your site or CMS (WordPress Custom HTML, static pages, docs). The iframe loads a lightweight, noindex surface of this tool. Keep the attribution link so visitors can open the full calculator on dailycalcs.com.
- Width is responsive (100%); default height is 900px — raise it if your theme clips the form.
- Host page should be HTTPS; iframe src is always HTTPS.
- Do not remove the “Powered by dailycalcs.com” link — it points to the canonical tool page.
Methodology and limitations
Last reviewed:
Methodology
Uses standard principal-and-interest mortgage math, then models housing-cost inputs such as tax, insurance, PMI, and extra-payment scenarios where available. National pages include worked PITI, term, and PMI comparison examples for planning. Local HMDA denial context and Freddie Mac PMMS rate history snapshots were re-verified on the last-reviewed date.
Limitations
Planning estimate only. Actual approval, escrow, PMI, fees, taxes, insurance, and closing disclosures depend on lender, property, borrower profile, and local rules.
Westchester County, New York Mortgage Calculator - Estimate Your Monthly Payment with Taxes, PMI & Insurance
New York
Westchester County mortgage recording fees are among the highest in New York — the MT-15 table totals 1.30% on the loan amount (one-time), plus property taxes from city/town, village, school, and special-district layers. Use this page for monthly PITI; use the New York transfer tax calculator for deed/recording line items alone. On a $400,000 Westchester County example with 20% down at 6.5% for 30 years, principal and interest are about $2,023; property tax escrow at ~2.72% is about $907/mo, for estimated PITI near $3,030 before PMI.
Use this mortgage calculator for Westchester County, New York to estimate the monthly payment with principal, interest, configured annual taxes, eligible exemptions, and assistance programs when the buyer profile matches the conditions.
Enter your income to see your approval odds in Westchester County, New York — based on 9,757 2025 HMDA applications.
What This Estimate Uses
- Geographic level: county
- Configured property tax rate: 2.72%
- Configured benefits or exemptions: 4
- Reviewed sources: 4
What Changes in Westchester County, New York
- Data level used: county. This page uses the most specific available data layer for Westchester County, New York.
- Configured combined annual property tax rate: 2.72% before exemptions and buyer-specific conditions are applied.
- Configured down payment assistance programs: SONYMA Down Payment Assistance Loan.
Local Tax Assumptions
These are the annual tax assumptions configured for this page. The calculator applies them to the appropriate value, then accounts for exemptions or conditions when the buyer selects them.
- New York Local Property Tax - 2.720%
Programs and Exemptions Included
These benefits do not mean automatic approval. The calculator models them when the buyer inputs match the configured eligibility conditions.
- New York Basic STAR - $30,000 (requires: primary residence, income is below the program cap)
- New York Enhanced STAR - $88,500 (requires: primary residence, buyer is age 65 or older, income is below the program cap)
- SONYMA Down Payment Assistance Loan - 3% of loan, up to $15,000 (requires: primary residence, income is below the program cap)
- Mortgage Credit Certificate (MCC) - 20% of mortgage interest (requires: first-time buyer, primary residence, buyer has a Mortgage Credit Certificate)
When This Estimate Can Change
- The actual property tax bill depends on the address, overlapping taxing jurisdictions, approved exemptions, and appraised value.
- Home insurance, flood insurance, HOA dues, and PMI can vary by property, lender, and buyer profile.
- Configured closing costs include New York Mortgage Recording Tax, but other settlement charges may appear on a real loan estimate.
2026 Loan Limits in Westchester County, New York
In Westchester County, New York, the 2026 FHFA conforming loan limit for a one-unit home is $1,209,750. The approximated FHA one-unit limit is $1,209,750. The national baseline is $832,750; this county is a high-cost area.
| Units | Conforming (FHFA) | FHA (approx.) |
|---|---|---|
| 1-unit (single-family) | $1,209,750 | $1,209,750 |
| 2-unit | $1,548,975 | $1,549,061 |
| 3-unit | $1,872,225 | $1,872,262 |
| 4-unit | $2,326,875 | $2,326,526 |
National baseline (1-unit): $832,750 · High-cost area
Source: FHFA conforming loan limits 2026 · Snapshot verified · Methodology & CSV
2025 Local Home-Purchase Mortgage Market in Westchester County, New York
Local home-purchase mortgage market context for Westchester County, New York: in 2025 Home Mortgage Disclosure Act (HMDA) data, Westchester County logged 9,757 final-action applications. The mortgage denial rate was 8.43% and the originated share was 70.20%.
| Metric | Westchester County | State |
|---|---|---|
| Final-action applications | 9,757 | 172,726 |
| Mortgage denial rate | 8.43% | 10.55% |
| Originated share | 70.20% | 69.41% |
Source: FFIEC HMDA (modified LAR, home purchase) 2025 · Snapshot verified · Texas vs California mortgage denial rates (methodology)
ACS 2019-2023 Housing Costs in Westchester County, New York
In ACS 2023 (2019-2023), the median home value in Westchester County, New York is $638,400; the median effective property tax rate (taxes ÷ value) is 1.57%; the median price-to-income ratio is 5.4×; 34.2% of owners with a mortgage pay ≥30% of income on housing.
| Metric | Westchester County |
|---|---|
| Median home value | $638,400 |
| Median real estate taxes | $10,001 |
| Median household income | $118,411 |
| Median monthly owner costs (w/ mortgage) | $3,926 |
| Median effective tax rate (tax ÷ value) | 1.57% |
| Price-to-income ratio | 5.4× |
| Cost burden ≥30% (with mortgage) | 34.2% |
Source: U.S. Census Bureau ACS 5-year 2023 · Snapshot verified
Nearby location comparison
Planning comparison on a $400,000 home with 20% down, 6.5% fixed for 30 years, and $100/mo insurance. Monthly tax uses each page's configured property tax rate.
| Location | Est. property tax rate | Est. monthly tax | Est. monthly PITI |
|---|---|---|---|
| Westchester County (this page) | 2.72% | $907 | $3,029 |
| Albany County | 2.74% | $913 | $3,036 |
| Bronx County | 1.19% | $397 | $2,519 |
| Erie County | 2.54% | $847 | $2,969 |
| Kings County | 1.19% | $397 | $2,519 |
| Monroe County | 3.82% | $1,273 | $3,396 |
Local Data and Sources
Last editorial verification: May 3, 2026. This page combines the official data layers configured for Westchester County, New York.
The sources used on this page are Consumer Financial Protection Bureau mortgage cost guidance, New York Tax STAR resource center, New York Tax mortgage recording tax rates, SONYMA mortgage programs. Each source lists which rate, exemption, or program it validates and when it was last reviewed.
- Consumer Financial Protection Bureau mortgage cost guidance - verified May 3, 2026 - General U.S. mortgage closing-cost and mortgage-cost guidance.
- New York Tax STAR resource center - verified May 3, 2026 - Official source for current Basic STAR and Enhanced STAR rules and limits.
- New York Tax mortgage recording tax rates - verified May 3, 2026 - Official MT-15 source for New York mortgage recording tax rates.
- SONYMA mortgage programs - verified May 3, 2026 - Official source for SONYMA mortgage and down-payment assistance program information.
Frequently Asked Questions
What is the property tax rate in New York?
New York does not set one statewide property tax rate. Local governments and school districts set rates. NY Tax's latest statewide benchmark is $12.36 per $1,000 of value, while county, city, town, village, and school rates can be much higher or lower.
How does STAR work for New York homeowners in 2026?
For the 2026-2027 school year, Basic STAR is based on the first $30,000 of full value for eligible owner-occupied primary residences. The STAR exemption income limit is $250,000, while the STAR credit income limit is $500,000. Enhanced STAR is based on the first $88,500 of full value for qualifying seniors with income of $110,750 or less.
What closing tax should New York mortgage borrowers expect?
New York imposes a mortgage recording tax when a mortgage is recorded. State, MCTD, city, and county components vary by location, so county and city files override the statewide baseline where needed. 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.
How do I use a New York mortgage recording tax calculator?
Enter your sale price and loan amount on the New York transfer-tax page. The calculator applies state, MCTD, and county mortgage recording tax layers where configured. Nassau models 1.05% on the loan amount; Westchester models 1.30% under MT-15. Upstate counties typically use lower totals - verify on your Closing Disclosure.
What is a sample New York PITI on $400,000?
With 20% down at 6.5% for 30 years, principal and interest are about $2,023. At ~1.24% statewide property-tax planning rate, monthly escrow is about $412; with $100 insurance, estimated PITI is about $2,535 without PMI. Drill into county or city calculators for address-level millage.
What is the Westchester County mortgage recording tax rate?
Westchester County uses the current MT-15 total of $1.30 per $100 of mortgage debt, or 1.30%, for mortgage recording tax. Yonkers adds a separate city recording layer when the property is inside Yonkers city limits. This mortgage calculator combines that closing-cost assumption with principal, interest, insurance, and PMI for a full PITI estimate. For transfer/recording tax only, use the New York transfer tax calculator.
How does Westchester compare to Nassau County recording tax?
Nassau County models 1.05% mortgage recording tax in the MCTD; Westchester models 1.30% under MT-15. Both counties sit above many upstate NY rates. Compare monthly PITI on each county mortgage page, or open the New York transfer tax calculator for itemized closing tax line items.
What is a sample Westchester County PITI on $400,000?
With 20% down at 6.5% for 30 years, principal and interest are about $2,023. Add Westchester's configured full-value tax benchmark divided by 12 for escrow, plus homeowners insurance. High-tax districts can make tax escrow a large share of PITI, so compare school districts carefully.