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Johnson City, TN mortgage & affordability calculator

The typical home in Johnson City, TN is worth about $290,000. With 20% down that's a loan near $232,000 — the calculator is pre-filled with that figure. Johnson City anchors Tennessee's Tri-Cities region in the Appalachian foothills, with East Tennessee State University and a large regional healthcare system (Ballad Health) as the area's dominant employers. Prices have climbed steadily as retirees and remote workers discover the area's mountain setting and low tax burden.

$1,506.29 / month

Total interest
$310,264
Total paid
$542,264
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$58k$116k$174k$232k0612182430Year

How much you need to earn

Johnson City, TN's median household income is about $58,000 a year. Under standard 28/36 lending rules that supports a home price around $219,722 with 20% down — below the $290,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$219,759 max home price

Max loan amount
$161,759
Housing payment budget
$1,353
P&I budget
$1,050
Bound by
front-end ratio

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

Typical asking rent in Johnson City, TN is about $1,150 a month, so owning the median home costs roughly $660 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Johnson City, TN?
On the metro's roughly $290,000 typical home with 20% down, the loan is about $232,000. Principal and interest run near $1,506 a month at today's rate, and Johnson City, TN's property tax plus insurance add about $303, for a full payment near $1,810.
Can I afford a home in Johnson City, TN 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 $219,722 with 20% down — below the $290,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Johnson City, TN?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,810, so owning costs roughly $660 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Johnson City, TN?
The effective property tax rate in the core county is about 0.60% of market value — roughly $1,740 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Johnson City, TN rising or falling?
Home values are up about 4% over the past year. Johnson City anchors Tennessee's Tri-Cities region in the Appalachian foothills, with East Tennessee State University and a large regional healthcare system (Ballad Health) as the area's dominant employers. Prices have climbed steadily as retirees and remote workers discover the area's mountain setting and low tax burden.

Nearby metros

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