# POLL: What is your mortgage and/or prop taxes **URL:** \ **Category:** In My Humble Opinion\ **Created:** [April 29, 2022, 6:50pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689 "2022-04-29T18:50:24Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![squeegee](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/squeegee/32/14537_2.png) [@squeegee](https://boards.straightdope.com/u/squeegee)\ **Post date:** [April 29, 2022, 6:50pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/1 "2022-04-29T18:50:24Z")
My monthly mortgage payment is: _Poll ([view on site](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/1))_ My _annual_ property taxes are: _Poll ([view on site](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/1))_ ---
**Author:** ![What\_Exit](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/what_exit/32/10652_2.png) [@What\_Exit](https://boards.straightdope.com/u/What_Exit)\ **Post date:** [April 29, 2022, 6:55pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/2 "2022-04-29T18:55:25Z")
I live in NJ, we have some of the highest property taxes around. It will eventually drive me from the state. My mortgage payment is a little higher than it should be. Hopefully my taxes are also. ---
**Author:** ![Maserschmidt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/maserschmidt/32/18829_2.png) [@Maserschmidt](https://boards.straightdope.com/u/Maserschmidt)\ **Post date:** [April 29, 2022, 6:59pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/3 "2022-04-29T18:59:08Z")
Mortgage needs a zero option…. ---
**Author:** ![squeegee](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/squeegee/32/14537_2.png) [@squeegee](https://boards.straightdope.com/u/squeegee)\ **Post date:** [April 29, 2022, 6:59pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/4 "2022-04-29T18:59:43Z")
Intentionally omitted. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [April 29, 2022, 7:03pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/5 "2022-04-29T19:03:29Z")
For the property we reside in, mortgage is at about $1200/mo, and taxes are at about $3.7K/yr, though last year we got some COVID exemption that lowered it significantly. I’m voting by the normal amount we pay. For my childhood home (which we bought) it’s paid off. Taxes are about $2.5K/yr on that one. We also have a condo, paid off, taxes are somewhere around $2k/yr for that one. ---
**Author:** ![squeegee](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/squeegee/32/14537_2.png) [@squeegee](https://boards.straightdope.com/u/squeegee)\ **Post date:** [April 29, 2022, 7:04pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/6 "2022-04-29T19:04:46Z")
$2700/mo mortgage, $10k/year taxes. Santa Cruz, CA ---
**Author:** ![Riemann](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/riemann/32/3133_2.png) [@Riemann](https://boards.straightdope.com/u/Riemann)\ **Post date:** [April 29, 2022, 7:11pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/7 "2022-04-29T19:11:18Z")
> [@Maserschmidt](#): > > Mortgage needs a zero option…. I own mortgage-backed securities, where are the negative numbers? ---
**Author:** ![ThelmaLou](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/thelmalou/32/390_2.png) [@ThelmaLou](https://boards.straightdope.com/u/ThelmaLou)\ **Post date:** [April 29, 2022, 8:52pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/8 "2022-04-29T20:52:46Z")
I’m not currently a homeowner, thank goodness. This article appeared in our local paper the other day. I didn’t realize that _“Texas already has some of the highest property taxes in the nation, relying heavily on that revenue because the state does not tax income.”_ > **[Appraised home values skyrocket - San Antonio Express, 4/19/2022](http://digital.olivesoftware.com/olive/odn/sanantonioexpressnews/shared/ShowArticle.aspx?doc=SAEN%2F2022%2F04%2F19&entity=Ar00300&sk=2AD90604&mode=text)** > > San Antonio Express - 4/19/2022 The money has to come from somewhere, eh? ---
**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\ **Post date:** [April 29, 2022, 9:19pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/9 "2022-04-29T21:19:13Z")
I live in Montana, and property taxes are much lower than when I was living in California. Due to a rapid increase in property values, at least partly due to buyers fleeing COVID rampant areas, Montana is proposing a ballot initiative to freeze property values at 2019 values and only allow a 1% increase a year maximum. Smells to me like California’s Prop 13, which robbed public schools of much of their funding. I don’t have a mortgage on my house. ---
**Author:** ![squeegee](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/squeegee/32/14537_2.png) [@squeegee](https://boards.straightdope.com/u/squeegee)\ **Post date:** [April 29, 2022, 9:42pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/10 "2022-04-29T21:42:52Z")
I’m stunned someone voted “18k and up” for property taxes. Maybe I should have weighted the poll higher. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [April 29, 2022, 9:55pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/11 "2022-04-29T21:55:28Z")
My friend pays just north of $20K a year in taxes here in Oak Park on a $700K property. It’s not that difficult to get to $18K or higher around here. ---
**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\ **Post date:** [April 29, 2022, 10:01pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/12 "2022-04-29T22:01:37Z")
I think my mortgage is about $664/month now. It used to be under $600/month, but taxes and insurance have increased over the years. I bought the approx. 1,090 sq. ft., 3 bedroom, 1 bath house, on ¼ acre, about 500 feet from the beach, in 2003 for $96,000. Zillow estimates the current value to be $317,800, and Redfin estimates it at $340,799. I think I’ll have it paid off around September or October of 2025. I don’t know how much the taxes are, because the taxes and insurance are included in the mortgage payment. Hence, I voted $500-$999 for the mortgage payment including everything. ---
**Author:** ![MindsEye\_Watering](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mindseye_watering/32/3619_2.png) [@MindsEye\_Watering](https://boards.straightdope.com/u/MindsEye_Watering)\ **Post date:** [April 29, 2022, 10:53pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/13 "2022-04-29T22:53:36Z")
> [@Maserschmidt](#): > > Mortgage needs a zero option…. Yup. This. ---
**Author:** ![suranyi](https://avatars.discourse-cdn.com/v4/letter/s/e36b37/32.png) [@suranyi](https://boards.straightdope.com/u/suranyi)\ **Post date:** [April 29, 2022, 11:21pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/14 "2022-04-29T23:21:48Z")
What are those of us with a paid-off mortgage supposed to answer here, in that case? ---
**Author:** ![elfkin477](https://avatars.discourse-cdn.com/v4/letter/e/a9a28c/32.png) [@elfkin477](https://boards.straightdope.com/u/elfkin477)\ **Post date:** [April 29, 2022, 11:40pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/15 "2022-04-29T23:40:47Z")
> [@What\_Exit](#): > > I live in NJ, we have some of the highest property taxes around. Ayuh. Here in town in “tax-free” New Hampshire my property tax rate is 2.4% so I’m paying over 5k in property taxes for a house only worth a bit over 200k. ---
**Author:** ![What\_Exit](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/what_exit/32/10652_2.png) [@What\_Exit](https://boards.straightdope.com/u/What_Exit)\ **Post date:** [April 29, 2022, 11:45pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/16 "2022-04-29T23:45:47Z")
I’m about $9100 for a house rated at $380k. So roughly the same rate. ---
**Author:** ![Jophiel](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jophiel/32/66_2.png) [@Jophiel](https://boards.straightdope.com/u/Jophiel)\ **Post date:** [April 29, 2022, 11:48pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/17 "2022-04-29T23:48:01Z")
$1,025/mth on the Mortgage and $4,020/yr on the property taxes. Except the taxes are paid through the mortgage escrow so part of that $1,025 is covering the tax payments. Southwest Chicago Suburbia. ---
**Author:** ![Procrustus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/procrustus/32/2994_2.png) [@Procrustus](https://boards.straightdope.com/u/Procrustus)\ **Post date:** [April 29, 2022, 11:54pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/18 "2022-04-29T23:54:20Z")
My property taxes work out to 1.06% When they factor in the improvements we added this year, the rate will stay the same but the value could easily double. ---
**Author:** ![squeegee](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/squeegee/32/14537_2.png) [@squeegee](https://boards.straightdope.com/u/squeegee)\ **Post date:** [April 29, 2022, 11:55pm UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/19 "2022-04-29T23:55:53Z")
> [@suranyi](#): > > What are those of us with a paid-off mortgage supposed to answer here, in that case? Skip the first poll, answer the second one. ---
**Author:** ![IvoryTowerDenizen](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ivorytowerdenizen/32/17937_2.png) [@IvoryTowerDenizen](https://boards.straightdope.com/u/IvoryTowerDenizen)\ **Post date:** [April 30, 2022, 12:58am UTC](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689/20 "2022-04-30T00:58:36Z")
Where we moved from on Long Island prop taxes were in the 25K range (house value around 700K). We moved to Chicagoland and everyone warned us about the “high taxes”. We just smiled and wrote our 8K check (house value around 500K). Difference was we could find a very nice 500K house here… [Next page](https://boards.straightdope.com/t/poll-what-is-your-mortgage-and-or-prop-taxes/963689.md?page=2)