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Hattiesburg, MS mortgage & affordability calculator

The typical home in Hattiesburg, MS is worth about $210,000. With 20% down that's a loan near $168,000 — the calculator is pre-filled with that figure. Known locally as the 'Hub City' for its rail junction history, Hattiesburg's economy now centers on the University of Southern Mississippi and a regional hospital system. It sits far enough inland to avoid the Gulf Coast's steepest windstorm premiums while still paying more than the state's northern counties.

$1,090.76 / month

Total interest
$224,676
Total paid
$392,676
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$42k$84k$126k$168k0612182430Year

How much you need to earn

Hattiesburg, MS's median household income is about $48,000 a year. Under standard 28/36 lending rules that supports a home price around $162,265 with 20% down — below the $210,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$162,290 max home price

Max loan amount
$120,290
Housing payment budget
$1,120
P&I budget
$781
Bound by
front-end ratio

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

Typical asking rent in Hattiesburg, MS is about $1,150 a month, so owning the median home costs roughly $280 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Hattiesburg, MS?
On the metro's roughly $210,000 typical home with 20% down, the loan is about $168,000. Principal and interest run near $1,091 a month at today's rate, and Hattiesburg, MS's property tax plus insurance add about $339, for a full payment near $1,430.
Can I afford a home in Hattiesburg, MS on the median income?
The median household income is about $48,000 a year. Under standard 28/36 lending rules that supports a home price around $162,265 with 20% down — below the $210,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Hattiesburg, MS?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,430, so owning costs roughly $280 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Hattiesburg, MS?
The effective property tax rate in the core county is about 0.70% of market value — roughly $1,470 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Hattiesburg, MS rising or falling?
Home values are up about 3% over the past year. Known locally as the 'Hub City' for its rail junction history, Hattiesburg's economy now centers on the University of Southern Mississippi and a regional hospital system. It sits far enough inland to avoid the Gulf Coast's steepest windstorm premiums while still paying more than the state's northern counties.

Nearby metros

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