Fort Worth, TX mortgage & affordability calculator
The typical home in Fort Worth, TX is worth about $340,000.
With 20% down that's a loan near $272,000 — the calculator
is pre-filled with that figure. Fort Worth is the cheaper half of the Dallas–Fort Worth metroplex, with newer subdivisions on the north and west sides holding prices down. Expect the same roughly 1.9% property tax and hail-belt insurance costs as the rest of North Texas.
$1,766.00 / month
Total interest
$363,755
Total paid
$635,755
Payoff
30.0 years
How much you need to earn
Fort Worth, TX's median household income is about
$76,000 a year. Under standard 28/36
lending rules that supports a home price around
$222,278 with 20% down —
below the $340,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Fort Worth, TX is about $1,600 a month, so owning the median home costs roughly
$938 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Fort Worth, TX?
On the metro's roughly $340,000 typical home with 20% down, the loan is about $272,000. Principal and interest run near $1,766 a month at today's rate, and Fort Worth, TX's property tax plus insurance add about $772, for a full payment near $2,538.
Can I afford a home in Fort Worth, TX on the median income?
The median household income is about $76,000 a year. Under standard 28/36 lending rules that supports a home price around $222,278 with 20% down — below the $340,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Fort Worth, TX?
Typical asking rent is about $1,600 a month. The full owner payment on a median home is near $2,538, so owning costs roughly $938 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Fort Worth, TX?
The effective property tax rate in the core county is about 1.90% of market value — roughly $6,460 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Fort Worth, TX rising or falling?
Home values are roughly flat over the past year. Fort Worth is the cheaper half of the Dallas–Fort Worth metroplex, with newer subdivisions on the north and west sides holding prices down. Expect the same roughly 1.9% property tax and hail-belt insurance costs as the rest of North Texas.