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Mississippi Mortgage Calculator

Calculate your Mississippi mortgage payment with state-specific property tax rates (0.79% average), income tax (4.4% - 5%), and 2026 conforming loan limits.

Mississippi-Specific Inputs

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Mississippi Property Tax

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MS average: 0.79%

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Other costs

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Mississippi Mortgage Overview

Mississippi has the lowest median home prices in the nation.

2026 Conforming Loan Limits

  • Single-family: $806,500
  • Two-unit: $1,032,320
  • Three-unit: $1,250,075
  • Four-unit: $1,548,480

Mississippi Income Tax Rates (2026)

Mississippi has a state income tax with rates of 4.4% - 5%.

Check what you actually take home.

Mississippi Property Tax

Looking at Mississippi, the average property tax rate is 0.79%. so verify with your local assessor.

First-Time Homebuyer Programs

Mississippi Home Corporation offers down payment assistance and favorable loan terms for qualifying first-time buyers in Mississippi.

Confirm on their website.

Mississippi Mortgage FAQ

What is the average property tax rate in Mississippi?

Looking at Mississippi, the average property tax rate is 0.79%. so verify with your local assessor.

What is the income tax in Mississippi?

Check what you actually take home.

What are Mississippi's conforming loan limits for 2026?

For 2026, the conforming loan limit for a single-family home in Mississippi is $806,500.

Are there first-time homebuyer programs in Mississippi?

Confirm on their website.

How much do I need for a down payment in Mississippi?

Related resources

National Mortgage Calculator → MS Paycheck Calculator → Affordability Calculator → Down Payment Calculator → All State Calculators → How Much House Can I Afford? →