Watcharu Finance

Shreveport, LA mortgage & affordability calculator

The typical home in Shreveport, LA is worth about $180,000. With 20% down that's a loan near $144,000 — the calculator is pre-filled with that figure. Shreveport's economy has shifted from oil and gas toward casino gaming and a growing film-production incentive program, with home prices among the lowest of any metro in the state. Louisiana's generous homestead exemption keeps the effective property tax rate low despite the region's storm exposure.

$934.94 / month

Total interest
$192,577
Total paid
$336,577
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$36k$72k$108k$144k0612182430Year

How much you need to earn

Shreveport, LA's median household income is about $52,000 a year. Under standard 28/36 lending rules that supports a home price around $167,944 with 20% down — below the $180,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$167,879 max home price

Max loan amount
$131,879
Housing payment budget
$1,213
P&I budget
$856
Bound by
front-end ratio

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

Typical asking rent in Shreveport, LA is about $1,050 a month, so owning the median home costs roughly $242 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Shreveport, LA?
On the metro's roughly $180,000 typical home with 20% down, the loan is about $144,000. Principal and interest run near $935 a month at today's rate, and Shreveport, LA's property tax plus insurance add about $357, for a full payment near $1,292.
Can I afford a home in Shreveport, LA on the median income?
The median household income is about $52,000 a year. Under standard 28/36 lending rules that supports a home price around $167,944 with 20% down — below the $180,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Shreveport, LA?
Typical asking rent is about $1,050 a month. The full owner payment on a median home is near $1,292, so owning costs roughly $242 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Shreveport, LA?
The effective property tax rate in the core county is about 0.60% of market value — roughly $1,080 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Shreveport, LA rising or falling?
Home values are up about 2% over the past year. Shreveport's economy has shifted from oil and gas toward casino gaming and a growing film-production incentive program, with home prices among the lowest of any metro in the state. Louisiana's generous homestead exemption keeps the effective property tax rate low despite the region's storm exposure.

Nearby metros

← All Louisiana mortgage figures

← All metro calculators