New York Mortgage Calculator — Property Tax, STAR & SONYMA
Calculate your New York mortgage payment including property taxes (~1.6%), STAR school tax exemption, and mortgage recording tax closing costs.
New York Mortgage Calculator
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Enter Values
Loan Amount
$400,000
Down Payment
▲ 20.0% ($100,000)
Total Interest Paid
$235,141
Total Cost of Loan
$635,141
Annual Property Taxes
$8,000/yr
Estimated STAR Annual Savings
▲ Not eligible
Mortgage Recording Tax (at closing)
▼ $2,000.00
Scenario Comparison
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Down Payment
20.0%
Total Interest
$235,141
New York Specific
NY property tax averages ~1.6% (varies by county). NY also has state income tax (4-10.9%). STAR program offers school tax relief for homeowners.
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