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Suffolk County Conventional Mortgage Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Suffolk County, Massachusetts based on real HMDA transaction records.

Loan Details

Suffolk County, MA Benchmarks

Conventional averages
Typical Property Value$973,221
Average Down Payment28.1%
Average Interest Rate6.493%
Effective Tax Rate0.69%
Median Tax Paid$4,649/yr
Tax Growth (Historical)-0.5%
Based on 9,415 regional loans totaling $4,478,545,000 (HMDA database).
$
%

$273,475 down · $699,746 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$560 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$5,128/mo

  • Principal & Interest$4,418
  • Property Tax$560
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$699,746

Total Interest

$890,831

Total of Payments

$1,590,577

Local Market Insights

Suffolk County Conventional Mortgage Overview

The 28.08% average down payment for Suffolk County conventional loans indicates strong buyer equity and credit profiles, allowing most to bypass Private Mortgage Insurance (PMI) entirely. With a 71.92% median loan-to-value ratio, buyers already hold substantial equity, meaning PMI cancellation is immediate rather than a future milestone. The 0.69% effective tax rate, combined with a -0.5% inflation-adjusted decrease, slightly eases monthly carrying costs despite high property values. For those exploring a conventional loan with taxes in Suffolk County, MA, this data suggests a market favoring well-capitalized owner-occupants, where the average down payment for a conventional loan in Suffolk County reflects disciplined financial planning. This analysis of Suffolk County conventional mortgage parameters with property taxes confirms affordability is driven by upfront equity rather than tax burdens.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.