Mortgage Calculator San Antonio, TX (2026)
Estimate your monthly mortgage payments in San Antonio using local property tax rates and current Texas real estate data.
Monthly Payment Estimate for San Antonio
Estimated Monthly Payment
San Antonio Real Estate Market Overview
Buying a home in San Antonio, Texas requires careful financial planning. With a median home price of $275,829 — lower than the national median of $412,000 — and an average 30-year mortgage rate of 7.15%, most buyers in San Antonio can expect a monthly payment of approximately $1,863 on a 20% down payment.
San Antonio's property tax rate of 1.6% adds approximately $368/month to your housing costs. Combined with homeowner's insurance, the total monthly housing expense for the median home in San Antonio is approximately $2,346/month.
The real estate landscape in and specifically within San Antonio limits has shown resilient trends. Local economic factors in Texas continue to drive demand, while inventory levels dictate the buyer market conditions residents are currently experiencing. Potential homeowners should also account for local San Antonio utility costs and potential HOA fees which can vary significantly by neighborhood.
Affordability Analysis
Can you afford the typical home in San Antonio based on the median income?
In San Antonio, the median household income is $69,489. Based on your calculated monthly payment of , this represents of the median local income.
How Much House Can You Afford in San Antonio?
Determining your budget in San Antonio depends on several factors beyond just the purchase price. Lenders typically look at your Debt-to-Income (DTI) ratio. In San Antonio, with a median household income of $69,489, local banks generally prefer a total housing payment that stays below $1,621 per month.
If you are earning the median income for San Antonio, you might find that homes priced between $208,467 and $312,701 are within your "comfortable" to "stretch" range. However, with the current San Antonio median home value at $275,829, many first-time buyers are looking at creative financing options or larger down payments to keep monthly costs manageable.
Mortgage Rate Comparison: San Antonio vs National Average
| Term | San Antonio Average | National Average | Difference |
|---|---|---|---|
| 30-Year Fixed | 7.15% | 7.15% | 0.00% |
| 15-Year Fixed | 6.45% | 6.45% | 0.00% |
Mortgage rates in San Antonio are currently 0 percentage points below the national average for a standard 30-year fixed-rate mortgage. Local rates are influenced by the state's economic conditions and lender competition within the Texas market.
Understanding Your Mortgage in San Antonio, Texas
The local real estate market in San Antonio is currently a buyer market, with homes selling in an average of 30 days. Home values have increased 3.1% over the past 12 months.
When calculating your affordability in San Antonio, consider more than just the mortgage principal and interest. Your total monthly "PITI" (Principal, Interest, Taxes, and Insurance) should ideally not exceed 28% of your gross monthly income. In San Antonio, where the median household income is $69,489, a recommended maximum monthly payment would be around $1,621.
Closing costs in Texas are another critical factor. Usually ranging from 2% to 5% of the loan amount, buyers in San Antonio should expect to pay between $5,517 and $13,791 upfront. These costs cover title insurance, appraisal fees, and local San Antonio government recording fees.
Choosing between a 15-year and 30-year mortgage in San Antonio depends on your monthly cash flow. While a 15-year mortgage offers lower interest rates (currently around 6.45% locally), the monthly payments are significantly higher than the 30-year option at 7.15%.
Amortization Schedule
| Year | Principal | Interest | Balance |
|---|---|---|---|
* Schedule shows yearly totals. Total of 360 payments for 30-year term.
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Frequently Asked Questions — Mortgages in San Antonio
What is the average mortgage payment in San Antonio, TX?
Based on the median home price of $275,829 in San Antonio with a 20% down payment and the current average rate of 7.15%, the estimated monthly mortgage payment is $1,490. This includes principal and interest only — adding property taxes (1.6%) and insurance brings the total to approximately $1,973/month.
What is the property tax rate in San Antonio, TX?
The effective property tax rate in San Antonio is 1.6%, which is higher than the national average of 1.07%. On a $275,829 home, you would pay approximately $4,413/year ($368/month) in property taxes.
Is San Antonio a buyer's or seller's market?
San Antonio is currently a buyer market. Homes are selling in an average of 30 days, and home prices have increased 3.1% over the past year.
What credit score do I need for a mortgage in San Antonio?
Generally, you'll need a credit score of at least 620 for a conventional mortgage in San Antonio. However, FHA loans may be available with scores as low as 580. A higher score typically results in a lower interest rate, which can significantly reduce your monthly payment on a $275,829 home.
How much do I need for a down payment in San Antonio?
For the median home price of $275,829 in San Antonio, a 20% down payment would be $55,166. However, many programs allow for lower down payments, such as 3.5% for FHA ($9,654) or 3% for some conventional loans ($8,275).
What are closing costs in San Antonio, TX?
Closing costs in San Antonio typically range from 2% to 5% of the home's purchase price. For a $275,829 home, you should budget between $5,517 and $13,791 to cover origination fees, title insurance, and other administrative costs.