El Paso County Mortgage Calculator - Monthly Payment with Taxes, PMI & Insurance
El Paso County has a higher combined property tax rate than many Texas metros, typically totaling 2.6-2.8%. This is driven by higher city and hospital district rates. The county adopted a rate of $0.458889 per $100 for 2025, a 14% increase from the prior year.
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 · $384 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
- Texas Comptroller residence homestead exemptions
- Texas Department of Insurance title premium rates
- TSAHC homebuyer assistance
- TDHCA My First Texas Home
- El Paso County — Property Tax Information
- El Paso Central Appraisal District — Exemptions
El Paso County Mortgage Calculator - Monthly Payment with Taxes, PMI & Insurance
Texas
El Paso County has a higher combined property tax rate than many Texas metros, typically totaling 2.6-2.8%. This is driven by higher city and hospital district rates. The county adopted a rate of $0.458889 per $100 for 2025, a 14% increase from the prior year.
Use this mortgage calculator for El Paso County, Texas 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: county
- Configured property tax rate: 1.98%
- Configured benefits or exemptions: 9
- Reviewed sources: 7
What Changes in El Paso County, Texas
- Data level used: county. This page uses the most specific available data layer for El Paso County, Texas.
- Configured combined annual property tax rate: 1.98% before exemptions and buyer-specific conditions are applied.
- Configured down payment assistance programs: TSAHC Home Sweet Texas, TDHCA My First Texas Home.
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.
- School District (ISD) Property Tax — 1.140%
- County Property Tax — 0.459%
- University Medical Center (Hospital District) — 0.242%
- El Paso Community College — 0.138%
Programs and Exemptions Included
These benefits do not mean automatic approval. The calculator models them when the buyer inputs match the configured eligibility conditions.
- ISD Homestead Exemption — $100,000 (requires: primary residence)
- Local Optional Homestead — 20% (requires: primary residence, local optional homestead exemption is offered)
- Age 65+ ISD Tax Ceiling — $10,000 (requires: primary residence, buyer is age 65 or older)
- Disabled Veteran Exemption — $12,000 (requires: primary residence, buyer is a disabled veteran)
- El Paso County Homestead Exemption — $5,000 (requires: primary residence)
- TSAHC Home Sweet Texas — 5% of loan (requires: first-time buyer, primary residence, income is below the program cap)
- TDHCA My First Texas Home — 5% of loan (requires: all buyers are first-time buyers, 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)
- Texas MCC — 20% of mortgage interest (requires: first-time buyer, primary residence, income is below the program cap, 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 Title Insurance (Texas promulgated rate), but other settlement charges may appear on a real loan estimate.
Local Data and Sources
Last editorial verification: June 3, 2026. This page combines the official data layers configured for El Paso County, Texas.
The sources used on this page are Consumer Financial Protection Bureau mortgage cost guidance, Texas Comptroller residence homestead exemptions, Texas Department of Insurance title premium rates, TSAHC homebuyer assistance, TDHCA My First Texas Home, El Paso County — Property Tax Information, El Paso Central Appraisal District — Exemptions. 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.
- Texas Comptroller residence homestead exemptions — verified May 3, 2026 — Official source for Texas homestead exemption and appraisal-cap rules.
- Texas Department of Insurance title premium rates — verified May 3, 2026 — Official source for Texas promulgated title insurance premium rate tables.
- TSAHC homebuyer assistance — verified May 3, 2026 — Official source for TSAHC DPA program availability and limits.
- TDHCA My First Texas Home — verified May 3, 2026 — Official source for TDHCA first-time buyer assistance and MCC program rules.
- El Paso County — Property Tax Information — verified June 3, 2026 — Official source for El Paso County adopted tax rates and notices.
- El Paso Central Appraisal District — Exemptions — verified June 3, 2026 — Official source for El Paso County homestead exemption information.
Frequently Asked Questions
What is the property tax rate in Texas?
Texas has no state property tax. Local rates average 1.6-2.2% and are the sum of school district, county, city, and special district levies.
What first-time buyer programs exist in Texas?
TSAHC Home Sweet Texas and TDHCA My First Texas Home both offer down payment assistance up to 5% of the loan, subject to current program limits. The Texas MCC provides an annual federal tax credit of up to $2,000.
How does the Texas homestead exemption work?
Primary residences receive a $100,000 school district exemption, plus an optional 20% local exemption (capped at $5,000 minimum). Appraised value can only rise 10% per year while homesteaded.
What is the El Paso County property tax rate?
El Paso County adopted a rate of $0.458889 per $100 for 2025. Combined with city, school district, hospital, and college rates, the total reaches approximately 2.77%.
What homestead exemptions are available in El Paso County?
El Paso County offers a $5,000 homestead exemption. The City of El Paso offers an additional $5,000 exemption and a $30,000 over-65/disabled exemption.
Why are property taxes so high in El Paso County?
El Paso County's combined rate reaches 2.6-2.8% primarily because of higher city ($0.759649) and hospital district ($0.2417) rates relative to property values. While the county rate of $0.458889 per $100 is mid-range, the other taxing layers push El Paso above most Texas metros.
Is El Paso County affordable for first-time homebuyers despite the taxes?
Yes — lower home prices in El Paso partially offset the higher tax rate. A $200,000 home in El Paso at 2.77% pays about $5,540 in annual taxes, while a $400,000 home in Austin at 2.07% pays $8,280. Your monthly payment may actually be lower in El Paso.
El Paso County vs. the Texas average: How much more do you actually pay?
El Paso's 2.77% combined rate is about 33% higher than the Texas average of 2.08%. On a $200,000 home (close to the El Paso median), that's $5,540 vs. $4,160 — about $1,380 more per year. But because home prices in El Paso are far below the Texas median, the dollar impact may be less than in a higher-priced metro like Austin or Dallas.