Durham, North Carolina Mortgage Calculator - Monthly Payment with Taxes, PMI & Insurance
Durham adds a municipal property-tax layer on top of Durham County. This page uses the City of Durham FY 2025-2026 rate of 0.4371% plus the county rate inherited from Durham County.
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 · $289 Property Taxes · $125 Other
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.
Limitations
Planning estimate only. Actual approval, escrow, PMI, fees, taxes, insurance, and closing disclosures depend on lender, property, borrower profile, and local rules.
Official sources
- Consumer Financial Protection Bureau mortgage cost guidance
- North Carolina Department of Revenue 2025-2026 county property tax rates
- North Carolina Department of Revenue real estate excise tax
- North Carolina Housing Finance Agency NC Home Advantage Mortgage
- North Carolina Housing Finance Agency NC 1st Home Advantage Down Payment
- North Carolina disabled veteran property tax relief
- City of Durham FY 2025-2026 adopted budget
Durham, North Carolina Mortgage Calculator - Monthly Payment with Taxes, PMI & Insurance
North Carolina · Durham County
Durham adds a municipal property-tax layer on top of Durham County. This page uses the City of Durham FY 2025-2026 rate of 0.4371% plus the county rate inherited from Durham County.
Use this mortgage calculator for Durham, North Carolina to estimate the monthly payment with principal, interest, configured annual taxes, eligible exemptions, and assistance programs when the buyer profile matches the conditions.
What This Estimate Uses
- Geographic level: city
- Configured property tax rate: 0.99%
- Configured benefits or exemptions: 5
- Reviewed sources: 7
What Changes in Durham, North Carolina
- Data level used: city. This page uses the most specific available data layer for Durham, North Carolina.
- Configured combined annual property tax rate: 0.99% before exemptions and buyer-specific conditions are applied.
- Configured down payment assistance programs: NC Home Advantage Down Payment Assistance, NC 1st Home Advantage Down Payment.
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.
- North Carolina County Property Tax - 0.554%
- City of Durham Property Tax - 0.437%
Programs and Exemptions Included
These benefits do not mean automatic approval. The calculator models them when the buyer inputs match the configured eligibility conditions.
- North Carolina Elderly or Disabled Homestead - 50% (requires: primary residence, buyer is age 65 or older)
- North Carolina Disabled Veteran Exclusion - $45,000 (requires: primary residence, buyer is a disabled veteran)
- NC Home Advantage Down Payment Assistance - 3% of loan (requires: primary residence, income is below the program cap)
- NC 1st Home Advantage Down Payment - $15,000 (requires: first-time buyer, 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 North Carolina Real Estate Excise Tax, but other settlement charges may appear on a real loan estimate.
2025 Local Home-Purchase Mortgage Market in Durham County, North Carolina
Local home-purchase mortgage market context for Durham County, North Carolina: in 2025 Home Mortgage Disclosure Act (HMDA) data, Durham County logged 6,009 final-action applications. The mortgage denial rate was 6.59% and the originated share was 73.37%.
These figures reflect the county market, not the city alone.
| Metric | Durham County | State |
|---|---|---|
| Final-action applications | 6,009 | 222,959 |
| Mortgage denial rate | 6.59% | 10.80% |
| Originated share | 73.37% | 67.21% |
Source: FFIEC HMDA 2025 (LAR modificado, compra de vivienda) · Texas vs California mortgage denial rates (methodology)
Local Data and Sources
Last editorial verification: May 15, 2026. This page combines the official data layers configured for Durham, North Carolina.
The sources used on this page are Consumer Financial Protection Bureau mortgage cost guidance, North Carolina Department of Revenue 2025-2026 county property tax rates, North Carolina Department of Revenue real estate excise tax, North Carolina Housing Finance Agency NC Home Advantage Mortgage, North Carolina Housing Finance Agency NC 1st Home Advantage Down Payment, North Carolina disabled veteran property tax relief, City of Durham FY 2025-2026 adopted budget. 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.
- North Carolina Department of Revenue 2025-2026 county property tax rates - verified May 15, 2026 - Official source for FY 2025-2026 county property-tax rates and reappraisal schedules. County pages override the statewide planning estimate with NCDOR county rates.
- North Carolina Department of Revenue real estate excise tax - verified May 15, 2026 - Official source for North Carolina's real estate conveyance excise tax rate of $1 per $500 of conveyed value.
- North Carolina Housing Finance Agency NC Home Advantage Mortgage - verified May 15, 2026 - Official source for statewide NC Home Advantage Mortgage down payment assistance up to 3% of the loan amount.
- North Carolina Housing Finance Agency NC 1st Home Advantage Down Payment - verified May 15, 2026 - Official source for the $15,000 first-time buyer and military veteran down payment assistance option.
- North Carolina disabled veteran property tax relief - verified May 15, 2026 - Official state source for North Carolina's disabled veteran homestead property-tax exclusion.
- City of Durham FY 2025-2026 adopted budget - verified May 15, 2026 - Official source for Durham's FY 2025-2026 property-tax rate of 43.71 cents per $100 of assessed value.
Frequently Asked Questions
What North Carolina property tax rate is used here?
The state page uses a broad county property-tax planning estimate. County pages for Charlotte, Raleigh, Durham, Greensboro, Winston-Salem, Wilmington, and Asheville-area markets override that estimate with NCDOR FY 2025-2026 county rates.
Does North Carolina have a real estate transfer tax?
Yes. North Carolina charges a real estate excise tax of $1 per $500 of conveyed value, equal to 0.2% of the sale price.
What North Carolina buyer assistance is modeled?
The calculator models NC Home Advantage Mortgage down payment assistance up to 3% of the loan amount and the NC 1st Home Advantage $15,000 option for first-time buyers, subject to buyer-profile and income inputs.
What Durham County tax rate is used?
This page uses the FY 2025-2026 Durham County property-tax rate of $0.5542 per $100 of assessed value, before any city or special-district tax.
Does this Durham estimate include city tax?
Yes. The Durham city page adds the FY 2025-2026 city property-tax rate to Durham County's FY 2025-2026 county rate.