Longview, TX mortgage & affordability calculator

The typical home in Longview, TX is worth about $235,000. With 20% down that's a loan near $188,000 — the calculator is pre-filled with that figure. Longview sits atop the East Texas oil field discovered in 1930, and petrochemical and pipeline employment still anchor the local economy alongside a growing healthcare sector.

$1,220.61 / month

Total interest
$251,425
Total paid
$439,425
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$47k$94k$141k$188k0612182430Year

How much you need to earn

Longview, TX's median household income is about $58,000 a year. Under standard 28/36 lending rules that supports a home price around $154,109 with 20% down — below the $235,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$154,081 max home price

Max loan amount
$107,081
Housing payment budget
$1,353
P&I budget
$695
Bound by
front-end ratio

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

Typical asking rent in Longview, TX is about $1,150 a month, so owning the median home costs roughly $729 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Longview, TX?
On the metro's roughly $235,000 typical home with 20% down, the loan is about $188,000. Principal and interest run near $1,221 a month at today's rate, and Longview, TX's property tax plus insurance add about $658, for a full payment near $1,879.
Can I afford a home in Longview, TX 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 $154,109 with 20% down — below the $235,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Longview, TX?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,879, so owning costs roughly $729 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Longview, TX?
The effective property tax rate in the core county is about 1.70% of market value — roughly $3,995 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Longview, TX rising or falling?
Home values are up about 2% over the past year. Longview sits atop the East Texas oil field discovered in 1930, and petrochemical and pipeline employment still anchor the local economy alongside a growing healthcare sector.

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