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State: Rhode Island
How much house can you afford in Rhode Island? With a 1.62% effective property tax (median home: $$5,751/yr), see max home prices using the 28% PITI rule and a 6.99% 30-year mortgage.
Median Home
$355,000
Annual Tax
$5,751
Effective Rate
1.62%
Monthly Tax
$479/mo
| Income | Max Home Price | Monthly PITI | Down (20%) | Monthly PI | Prop Tax/mo |
|---|---|---|---|---|---|
| $60,000 | $197,636 | $1400 | $39,527 | $1051 | $267 |
| $80,000 | $263,515 | $1867 | $52,703 | $1401 | $356 |
| $100,000 | $329,394 | $2333 | $65,879 | $1751 | $445 |
| $120,000 | $395,273 | $2800 | $79,055 | $2102 | $534 |
| $150,000 | $494,091 | $3500 | $98,818 | $2627 | $667 |
| $200,000 | $658,788 | $4667 | $131,758 | $3503 | $889 |
Assumes 20% down payment, 6.99% 30-year fixed mortgage rate, 0.5% homeowners insurance, 1.62% Rhode Island property tax.
Use our full Rhode Island home affordability calculator with custom down payment, interest rate, and DTI inputs.