Watcharu Finance

Baton Rouge, LA mortgage & affordability calculator

The typical home in Baton Rouge, LA is worth about $240,000. With 20% down that's a loan near $192,000 — the calculator is pre-filled with that figure. As Louisiana's capital and a major petrochemical-industry hub, Baton Rouge offers steadier prices than New Orleans, with a somewhat lower flood-insurance burden away from the immediate coast. The state's generous homestead exemption keeps the effective property tax rate low.

$1,246.58 / month

Total interest
$256,775
Total paid
$448,775
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$48k$96k$144k$192k0612182430Year

How much you need to earn

Baton Rouge, LA's median household income is about $58,000 a year. Under standard 28/36 lending rules that supports a home price around $190,726 with 20% down — below the $240,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$190,660 max home price

Max loan amount
$142,660
Housing payment budget
$1,353
P&I budget
$926
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Baton Rouge, LA is about $1,300 a month, so owning the median home costs roughly $373 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Baton Rouge, LA?
On the metro's roughly $240,000 typical home with 20% down, the loan is about $192,000. Principal and interest run near $1,247 a month at today's rate, and Baton Rouge, LA's property tax plus insurance add about $427, for a full payment near $1,673.
Can I afford a home in Baton Rouge, LA on the median income?
The median household income is about $58,000 a year. Under standard 28/36 lending rules that supports a home price around $190,726 with 20% down — below the $240,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Baton Rouge, LA?
Typical asking rent is about $1,300 a month. The full owner payment on a median home is near $1,673, so owning costs roughly $373 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Baton Rouge, LA?
The effective property tax rate in the core county is about 0.55% of market value — roughly $1,320 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Baton Rouge, LA rising or falling?
Home values are up about 2% over the past year. As Louisiana's capital and a major petrochemical-industry hub, Baton Rouge offers steadier prices than New Orleans, with a somewhat lower flood-insurance burden away from the immediate coast. The state's generous homestead exemption keeps the effective property tax rate low.

Nearby metros

← All Louisiana mortgage figures

← All metro calculators