Calculate Your Nevada Mortgage Payment
Our calculator is pre-filled with Nevada's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with NV DefaultsMonthly Payment Breakdown for Nevada
Here's what your monthly payment looks like on the median Nevada home ($455,000) with 20% down at 6.5%:
Note: This estimate assumes 20% down payment ($91,000), no PMI. With less than 20% down, add $152-$303/month for PMI.
Nevada Property Taxes
Nevada's effective property tax rate is 0.48%, which is below the national average of 0.89%.
Annual Property Tax on $455,000 Home
$2,184
($182/month escrowed)
No State Income Tax
Nevada has no state income tax, which can offset higher property taxes and leave more money for your mortgage payment.
Buying a Home in Nevada: Key Facts
- No state income tax, with revenue from gaming and tourism industries
- Property tax rate of 0.48% is well below the national average of 0.89%
- Home Is Possible grant requires no repayment after 3 years of residency
- Las Vegas metro area dominates the housing market
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Nevada First-Time Homebuyer Programs
Nevada has 28 homebuyer assistance programs that can help with down payment and closing costs.
Home Is Possible (HIP)
Up to 4% of loan as grant, no repayment if you stay 3+ years
GrantHome Is Possible for Teachers
Special homebuyer assistance exclusively for Nevada educators
GrantHome First
Up to 5% of loan value for down payment or closing costs
Deferred LoanEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in Nevada
Home prices and property taxes can vary significantly by city. The median home price of $455,000 is a statewide average.
Nevada Mortgage FAQ
What is the property tax rate in Nevada?
The average effective property tax rate in Nevada is 0.48%. On a $455,000 home, that's approximately $2,184 per year or $182 per month added to your mortgage payment.
What is the median home price in Nevada?
The median home price in Nevada is $455,000 as of January 2026. Prices vary by location - Las Vegas and Henderson typically have higher prices than rural areas.
Are there first-time homebuyer programs in Nevada?
Yes, Nevada has 28 homebuyer assistance programs. Popular options include Home Is Possible (HIP), which offers up to 4% of loan as grant, no repayment if you stay 3+ years.
How much do I need to buy a house in Nevada?
For the median Nevada home ($455,000), you'd need $91,000 for a 20% down payment, plus $13,650-$22,750 for closing costs. With down payment assistance, you could potentially buy with as little as $15,925 (3.5% FHA down payment).
Ready to Calculate?
Use our free mortgage calculator with Nevada property taxes pre-filled.
Calculate Your NV Mortgage Payment