American math · Florida rules · Prices August 2026, rents September 2026

Jacksonville mortgage calculator

What a Jacksonville mortgage costs each month, how long it runs, what it costs in total, and how much sooner it ends if you pay a little more. Built on monthly compounding and the 30-year fixed loan, and it charges you private mortgage insurance for exactly as long as the law lets a lender charge it, which is the line most calculators leave out.

Calculator

The purchase

20.0% down. The minimum on this price is $10,050. At 20% or more there is no mortgage insurance.

A US lender qualifies you on debt-to-income rather than at a stress-test rate, so this payment is the payment. What varies is the rate you are quoted: credit score, points paid at closing and the lender itself move it by more than half a point.

Payment frequency

An accelerated schedule is the monthly payment split in two or four and paid every two weeks or every week: thirteen monthly payments a year instead of twelve, which is where the shorter amortization comes from.

The contract length, not the amortization. At the end of it you renew at whatever rates are then available.

Paying it down faster

Most lenders cap annual prepayments at 10–20% of the original principal, and charge a penalty above it. Check your own commitment before planning around a large lump sum.

Where the money goes, year by year

Early payments are almost all interest. The crossover (the year principal finally exceeds interest) is the real shape of an amortized loan, and it is much later than most people expect.

Interest and principal paid in each year of the mortgageStacked columns, one per year. The lower band is principal, the upper band is interest. The same figures are listed in the table below.
PrincipalInterest
Show the first two years of the schedule
Amortization schedule, the first two years
PaymentAmountInterestPrincipalBalance
1$1,788.41$1,570.03$218.38$267,782
2$1,788.41$1,568.75$219.66$267,562
3$1,788.41$1,567.47$220.94$267,341
4$1,788.41$1,566.17$222.24$267,119
5$1,788.41$1,564.87$223.54$266,895
6$1,788.41$1,563.56$224.85$266,670
7$1,788.41$1,562.24$226.17$266,444
8$1,788.41$1,560.92$227.49$266,217
9$1,788.41$1,559.59$228.82$265,988
10$1,788.41$1,558.25$230.16$265,758
11$1,788.41$1,556.90$231.51$265,526
12$1,788.41$1,555.54$232.87$265,293
13$1,788.41$1,554.18$234.23$265,059
14$1,788.41$1,552.80$235.61$264,824
15$1,788.41$1,551.42$236.99$264,587
16$1,788.41$1,550.04$238.37$264,348
17$1,788.41$1,548.64$239.77$264,108
18$1,788.41$1,547.24$241.17$263,867
19$1,788.41$1,545.82$242.59$263,625
20$1,788.41$1,544.40$244.01$263,381
21$1,788.41$1,542.97$245.44$263,135
22$1,788.41$1,541.53$246.88$262,888
23$1,788.41$1,540.09$248.32$262,640
24$1,788.41$1,538.63$249.78$262,390

Derived from the figures above, not a lender's statement. A real schedule also depends on your closing date and the lender's rounding.

Your payment
$1,788.41
every month

Payment $1,788.41 every month. Paid off in 30 years. Total interest $375,832.

Monthly equivalent$1,788.41
Mortgage amount$268,000
Paid off in30 years
If you start now, aroundOctober 2056
Total interest$375,832
Total paid$643,832
Balance after 5 years$252,354
Principal 42%Interest 58%

An estimate from published figures, not a lender quote.

Florida taxes the loan, not just the house

This is the part that surprises buyers from Texas and most other states. Florida charges a documentary stamp tax on the promissory note at 35 cents per $100 and a non-recurring intangible tax on the mortgage itself at 2 mills: together 0.55% of the amount you borrow, payable at closing. On the $335,000 Duval County median with 20% down that is a $268,000 loan and about $1,474 in tax on the borrowing alone; at 5% down it is $1,750. Put less down and it gets larger, which inverts the usual advice: here a smaller down payment costs you more at the table as well as more every month.

The other stamp, 70 cents per $100 on the deed, is the seller's by convention, at the standard Florida rate: Duval is not Miami-Dade, the one county that charges differently. It matters to you when you come to sell rather than when you buy.

PMI is the number to watch, not the rate

If you put down less than 20% on a conventional loan the lender adds private mortgage insurance to the payment. It insures the lender, not you, and on the $335,000 Duval County single-family median it works out like this. At 5% down (a $318,250 loan) a representative rate is about 0.67% of the loan a year, or $178 a month. Federal law makes the lender terminate it automatically when the scheduled balance first reaches 78% of the purchase price, which on a 30-year loan at 7.03% happens in month 142. That is 11.8 years and about $25,200 of payments that buy you no equity at all. At 3% down it is $236 a month and roughly $35,600.

Two things shorten it. You can ask the lender to cancel at 80% rather than wait for 78%, which is a right under the Homeowners Protection Act if you are current on the loan, and paying extra principal gets you there faster, because the trigger is the balance on the schedule rather than what the house is worth. The calculator above moves the termination month when you add an extra payment. The buyer programs matter here too: the City's Head Start to Homeownership program, up to $25,000 toward the down payment and closing costs for a buyer under 80% of the area median income, and Florida Housing's Hometown Heroes, up to 5% of the loan for eligible workers, both go toward the down payment, and a larger down payment is the one thing that removes the insurance altogether. Both are second mortgages that are repaid when you sell or refinance.

The rate you are quoted is a personal number

This is the biggest difference from the Canadian pages on this site. There, CMHC publishes one premium schedule for the whole country and a lender either applies it or does not. Here the mortgage insurer prices you individually, mostly on credit score, and the same 5%-down loan can be quoted anywhere from about 0.4% to 1.3%. The bands used above are mid-market for a borrower around a 740 score. The loan rate itself moves too: Freddie Mac's survey had the 30-year fixed at 7.03% on 24 September 2026, against 6.30% a year earlier. Get a real quote before treating any of these totals as yours.

Monthly compounding, and why the Canadian number would be wrong

An American fixed-rate mortgage compounds monthly: the periodic rate is simply the annual rate divided by twelve. Canadian mortgages compound twice a year, which makes the same nominal rate slightly cheaper. On a $268,000 loan at 7.03% over 30 years the American payment is $1,788.41 and the Canadian convention would give $1,770.29: $18 a month, or about $6,500 over the life of the loan. This site runs both, and no page borrows the other country's arithmetic.

A biweekly plan is thirteen payments, not clever compounding

Paying half the monthly payment every two weeks means twenty-six half-payments a year, which is thirteen monthly payments' worth of money instead of twelve. On the benchmark loan with 20% down that takes a 30-year mortgage to about 24 years and saves roughly $94,600 in interest. There is nothing magic in it (it is simply paying about 8% more every year) and you can get the identical result by adding a twelfth of the payment to each monthly one, without a servicer's enrollment fee.

What this cannot tell you

The payment above is principal and interest, plus PMI where it applies. Your actual monthly bill will include property tax and homeowners insurance, which the lender will usually escrow: on a $335,000 house that is about $435 a month in tax at the 1.56% homesteaded rate and roughly $275 in insurance, so about $2,498 all in at 20% down. The City's solid waste and stormwater fees, about $34.50 a month for a house in 2026, come on the same tax bill and into the same escrow. That rate assumes you have filed for the homestead exemption, which is not automatic, and it is worked out for the consolidated City of Jacksonville: Jacksonville Beach, Atlantic Beach, Neptune Beach and Baldwin levy their own rates.

Three Jacksonville things it cannot tell you at all. Flood insurance is a separate policy from the homeowners figure and is in no number on this page; in 2017 Hurricane Irma pushed the St. Johns River to a record 5.57 feet downtown and flooded Riverside and San Marco, and from 2027 every Citizens homeowners policy with wind cover has to carry flood as well. A community development district's assessment, which in a newer subdivision can run to thousands of dollars a year and arrives on the tax bill as a line of its own. And the fact that a homesteaded assessment resets to what you paid on the roll after you buy, so the seller's tax bill is no guide to yours. For the full comparison against renting, use the rent versus buy calculator.

Sources

  1. Northeast Florida market shows signs of a more balanced housing environment (August 2026 market report) · Northeast Florida Association of REALTORS · retrieved
    Supports: A median price of single-family homes in Duval County of $335,000 in August 2026, the same as July, 887 closed sales, 965 pending sales, 1,265 new listings, an active inventory of 3,057 homes and a 3.4-month supply in Duval County, and a median of 25 days on market, A six-county single-family median of $397,420, down 1.6%, and a St. Johns County median of $573,250, Monthly figures by county only, with no City of Jacksonville figure
  2. Inventory climbs while sales cool in the August housing market (August 2025 market report) · Northeast Florida Association of REALTORS · retrieved
    Supports: A median price of single-family homes in Duval County of $340,000 in August 2025, 889 closed sales, an active inventory of 4,197 homes, a 4.7-month supply and a median of 38 days on market in Duval County
  3. Annual estimates of the resident population for incorporated places and counties, 2020 to 2025 · United States Census Bureau, Population Estimates Program · retrieved
    Supports: A population of 1,017,689 for Jacksonville city on 1 July 2025, against 1,009,370 a year earlier, all of it in Duval County, A population of 1,062,963 for Duval County on 1 July 2025, Jacksonville Beach city at 23,615
  4. Jacksonville's Consolidation Mayor: Hans G. Tanzler Jr. · Florida Historical Quarterly, vol. 80 no. 2 (2001), via University of Central Florida STARS · retrieved
    Supports: Jacksonville's consolidation with Duval County on 1 October 1968
  5. 2025 Gazetteer files: places, Florida · United States Census Bureau · retrieved
    Supports: A land area of 747.33 square miles and a water area of 127.129 square miles for Jacksonville city
  6. 2025 final millages · Office of the Property Appraiser, Duval County, Florida, via the City of Jacksonville · retrieved
    Supports: For the general services district (excluding the beaches and Baldwin) and for USD1, the old City of Jacksonville: schools 6.3430, general government 11.1919, urban service district 0.0000, St. Johns River Water Management District 0.1793 and Florida Inland Navigation District 0.0270, a final total of 17.7412, Jacksonville Beach (USD2) at 18.4452, Atlantic Beach (USD3) at 17.2004, Neptune Beach (USD4) at 17.8161 and Baldwin (USD5) at 18.9701, each with a general government rate of 7.9012 or 9.4208 and its own municipal levy, No bond millage for any authority
  7. 2024 final millages · Office of the Property Appraiser, Duval County, Florida, via the City of Jacksonville · retrieved
    Supports: For the general services district: schools 6.3400, general government 11.3169, St. Johns River Water Management District 0.1793 and Florida Inland Navigation District 0.0288, a final total of 17.8650
  8. Millage rates · Duval County Property Appraiser, via the City of Jacksonville · retrieved
    Supports: Taxing districts for Duval County: GS and USD1, City of Jacksonville; USD2, Jacksonville Beach; USD3, Atlantic Beach; USD4, Neptune Beach; USD5, Baldwin, Taxing authorities for Duval County: the county public schools, the Florida Inland Navigation District and the St. Johns River Water Management District, with the four other municipalities as additional taxing authorities
  9. Property tax estimator · Duval County Property Appraiser · retrieved
    Supports: For a $350,000 purchase in Jacksonville (GS or USD1) with homestead and no portability, tax roll 2026: a school taxable value of $325,000 and a non-school taxable value of $298,589, Lines of general government 11.1919, $3,341.78; public schools by state law 3.0950, $1,005.88; by local board 2.2480, $730.60; school board voted 1.0000, $325.00; Florida Inland Navigation District 0.0270, $8.06; and St. Johns River Water Management District 0.1793, $53.54; an estimated total of $5,464.86, A $25,000 exemption against the school lines and $51,411 against the others, The estimator using the most recently certified millage, and a final bill that may also carry non-ad valorem assessments for solid waste, stormwater and other services
  10. Additional homestead exemption adjustment, revised January 2025 · Florida Department of Revenue · retrieved
    Supports: Section 196.031(1)(b), Florida Statutes, requiring the additional homestead exemption to be adjusted annually by the Consumer Price Index from the 2025 tax year, A CPI change of 2.9% and a maximum additional exemption of $25,722 for 2025, against the $25,000 base year of 2024
  11. Property tax information for homestead exemption, PT-113, R. 08/25 · Florida Department of Revenue · retrieved
    Supports: A $25,000 exemption against all taxes and an additional exemption of up to $25,000, adjusted annually for inflation, on assessed value over $50,000 for non-school taxes only, Applications on Form DR-501 to the county property appraiser by 1 March
  12. Homestead and other exemptions · Duval County Property Appraiser, via the City of Jacksonville · retrieved
    Supports: The Save Our Homes benefit limiting future annual increases in assessed value to 3% or less, removed on a sale, with the assessed value rising to market value for the next tax roll, Portability of the Save Our Homes benefit from a Florida homestead held in any of the three preceding tax roll years, on a separate application due by 1 March, Automatic annual renewal of the exemption
  13. Vote: 1-mill continuation, 3 November 2026 · Duval County Public Schools · retrieved
    Supports: Voters' approval of a 1-mill levy in 2022, and state law requiring voters to approve its continuation every four years, The ballot question on 3 November 2026 to continue the current one mill, A $300,000 home with $275,000 of taxable value paying $275 a year for the mill
  14. 2026 Voter's guide: Duval County referendum, extending 1-mill property tax funding for schools · News4JAX · retrieved
    Supports: The current authorization ending 30 June 2027, and the measure extending it from 1 July 2027 through 30 June 2031
  15. City fees · City of Jacksonville · retrieved
    Supports: Residential solid waste and stormwater fees billed as non-ad valorem assessments on property tax bills, Homestead and other ad valorem exemptions not applying to either fee
  16. Residential solid waste fee · City of Jacksonville, Solid Waste Division · retrieved
    Supports: A rate of $29.50 a month, $354 a year, per premise for 2026, and $32.00 a month, $384 a year, for 2027, subject to annual approval by the City Council, The fee collected as a non-ad valorem assessment on the property tax bill, and charged regardless of occupancy
  17. Frequently asked questions: stormwater fee · City of Jacksonville · retrieved
    Supports: A fee based on impervious area, $5 a month for the owner of an average single-family house
  18. Zillow Home Value Index, all homes, middle tier, smoothed and seasonally adjusted, by city · Zillow Research · retrieved
    Supports: A typical home value of $285,103 for the city of Jacksonville (region 25290, Duval County) in August 2026, against $287,470 in August 2025, down 0.8%
  19. Zillow Home Value Index, single-family and condominium series, by city · Zillow Research · retrieved
    Supports: A typical single-family value of $296,995 in the city of Jacksonville in August 2026, against $298,701 a year earlier, down 0.6%, A typical condominium value of $173,549 in the same month, against $186,154, down 6.8%, from the condominium file at https://files.zillowstatic.com/research/public_csvs/zhvi/City_zhvi_uc_condo_tier_0.33_0.67_sm_sa_month.csv
  20. Jacksonville rent report, October 2026 · Apartment List · retrieved
    Supports: A median rent of $1,110 for a one-bedroom and $1,306 for a two-bedroom in the city of Jacksonville, and $1,321 across all bedroom sizes, Rents down 0.1% over September and up 0.7% over the past 12 months, against -1.2% for the state and -0.4% for the nation
  21. Apartments for rent in Jacksonville, FL: average rent · Apartment List · retrieved
    Supports: Average listed rents of $1,185 and up for a studio, $1,392 and up for one bedroom, $1,636 and up for two, and $1,904 and up for three or more
  22. Zillow Observed Rent Index, all homes plus multifamily, smoothed, by city · Zillow Research · retrieved
    Supports: An observed rent index of $1,601 for the city of Jacksonville in August 2026, against $1,569 a year earlier, up 2.04%
  23. Zillow Observed Rent Index, single-family homes, smoothed, by metro · Zillow Research · retrieved
    Supports: A single-family observed rent index of $2,075 for the Jacksonville metro area (region 394714) in August 2026, against $2,024 a year earlier
  24. Median household income, median home value and tenure, tables B19013, B25077 and B25003, 2024 American Community Survey 1-year estimates · United States Census Bureau, via the Census Reporter API · retrieved
    Supports: A median household income of $72,389 in Jacksonville city, against $77,735 for Florida, $84,114 in Tampa, $77,597 in Orlando and $66,337 in Miami, A median owner-occupied home value of $325,300 in Jacksonville city, against $396,900 for Florida, 240,209 of Jacksonville's 413,620 occupied homes owner-occupied
  25. Monthly homeowners' association and condominium fee, tables B25142 and B25143, 2024 American Community Survey 1-year estimates, Jacksonville city · United States Census Bureau, via the Census Reporter API · retrieved
    Supports: 99,738 of 240,209 owner-occupied units, or 42%, paying a homeowners' association or condominium fee, A median monthly fee of $93 among them, and 7,399 paying $500 or more a month
  26. Primary Mortgage Market Survey, 24 September 2026 · Freddie Mac · retrieved
    Supports: A 30-year fixed-rate mortgage averaging 7.03%, up from 6.95% the week before and 6.30% a year earlier
  27. Documentary stamp tax · Florida Department of Revenue · retrieved
    Supports: 70 cents on each $100 of consideration on a deed in every county except Miami-Dade, 35 cents per $100 on a promissory note, capped at $2,450, All parties to a document liable for the tax regardless of which party agrees to pay it
  28. Rule 69O-186.003, Florida Administrative Code: title insurance rates · Florida Department of State, Florida Administrative Code · retrieved
    Supports: An owner's title insurance premium of $5.75 per $1,000 of liability to $100,000 and $5.00 per $1,000 from $100,000 to $1 million
  29. Best home insurance in Jacksonville, Florida (2026) · Insurify · retrieved
    Supports: An average Jacksonville premium of $3,471 a year for $300,000 of dwelling cover and a $1,000 deductible, against a national average of $2,417 for the same cover, updated 27 September 2026
  30. Florida homeowners insurance · NerdWallet · retrieved
    Supports: An average Jacksonville premium of $3,145 a year, $262 a month, against $3,765 in Orlando, $3,470 in Clearwater and $8,345 in Miami, A Florida average of $3,390 a year, on a sample policy with $500,000 of dwelling cover and $300,000 of liability, updated 20 February 2026
  31. Renters insurance in Florida · NerdWallet · retrieved
    Supports: An average Jacksonville renters premium of $179 a year, $15 a month
  32. Section 627.701, Florida Statutes: liability of insureds; hurricane deductibles · The Florida Legislature · retrieved
    Supports: An insurer offering hurricane deductibles of $500, 2%, 5% and 10% of the policy dwelling limits, with the $500 option not required at $250,000 of dwelling limits or more
  33. Flood: Citizens' flood insurance requirements · Citizens Property Insurance Corporation · retrieved
    Supports: Under section 627.715, Florida Statutes, most new and renewing Citizens personal residential policies with wind coverage required to carry flood insurance by 1 January 2027, Homes in a FEMA special flood hazard area required already; outside it, dwelling values of $600,000 or more from 2024, $500,000 from 2025, $400,000 from 2026 and all policies from 2027, Condominium unit-owner, tenant and wind-excluded policies exempt
  34. FloodSmart · Federal Emergency Management Agency, National Flood Insurance Program · retrieved
    Supports: Most homeowners insurance not covering flood damage, Almost one-third of National Flood Insurance Program claims, 29%, coming from outside high-risk flood areas
  35. Hurricane Irma brought record flooding to Jacksonville 5 years ago · News4JAX · retrieved
    Supports: Irma passing 100 miles west of Jacksonville early on 11 September 2017, and the river rising to a historical 5.57 feet when a rainband and 86 mph easterly gusts pushed water into the basin at high tide, Downtown streets flooded and homes in San Marco and across the city flooded, with businesses on both sides of the St. Johns River shut for months
  36. Hurricane Irma review: from violent Cat. 5 to record flooding · Action News Jax, First Alert Weather (Mike Buresh) · retrieved
    Supports: Riverside and San Marco with the worst flooding since at least 1846, A crest of 5.57 feet at the Main Street Bridge against a flood stage of 2 feet, major flooding at 3.5 feet and a previous record of 4.1 feet from Hurricane Dora in 1964
  37. Section 190.021, Florida Statutes: taxes; non-ad valorem assessments · The Florida Legislature · retrieved
    Supports: A community development district's benefit special assessments for bonds, levied annually, a lien on the property enforceable in like manner as county taxes
  38. Section 190.048, Florida Statutes: sale of real estate within a district; required disclosure to purchaser · The Florida Legislature · retrieved
    Supports: A boldfaced disclosure, in each contract for the initial sale of a parcel or residential unit in a district, that the district may impose taxes or assessments in addition to county and other local taxes
  39. Normandy Community Development District: about the CDD, and the fiscal 2027 final adopted budget · Normandy Community Development District · retrieved
    Supports: The district established by Ordinance 2022-117-E of the Jacksonville City Council, effective 24 March 2022, and about 641 acres entirely within Duval County, from https://www.normandycdd.org/about-the-cdd, For a developed 50-foot lot in fiscal 2027, operations and maintenance of $2,343.78 and Series 2024 debt service of $1,881.72, $4,225.50 in all, against $3,007.18 in fiscal 2026; a 40-foot lot at $3,380.40 and a 20-foot townhome at $1,690.20, Series 2024 bonds with annual debt service through 1 May 2054
  40. Bartram Park Community Development District · Bartram Park Community Development District · retrieved
    Supports: A community development district established in 2005 and located in Duval County
  41. SB 4-D (2022): Building Safety, chapter 2022-269, Laws of Florida · The Florida Senate · retrieved
    Supports: Milestone inspections required of condominium and cooperative associations, and a prohibition on waiving or reducing reserves for certain items after a specified date
  42. #AskJAXTDY: How will JEA's new electric and water rates affect me? · Jacksonville Today · retrieved
    Supports: JEA's electric rates up 6.2% and water and sewer rates up 8% from 1 October 2026, A residential electric bill for 1,000 kWh of $170.37 in April 2026, forecast to be $8.70 less in October, and a residential water and sewer bill for 6,000 gallons forecast at $83.50 in October
  43. Housing Services: Headstart to Homeownership program · City of Jacksonville, Housing and Community Development · retrieved
    Supports: Financial assistance of up to $25,000 for down payment and closing costs, subject to funding, Applicants who do not currently own a home, will live in it, and have household income no higher than 80% of the area median income for Duval County, Homes required to meet Section 8 Housing Quality Standards before closing, and applicants told not to sign a sales contract before approval
  44. Florida Hometown Heroes Housing Program · Florida Housing Finance Corporation · retrieved
    Supports: Down payment and closing cost assistance for first-time, income-qualified buyers in eligible occupations: health care, school staff, first responders, public safety and court employees, child care workers, service members and veterans employed full time by a Florida-based employer, Up to 5% of the first mortgage, a maximum of $35,000 and a minimum of $10,000, as a 0%, non-amortizing, 30-year deferred second mortgage that is not forgivable, An HTH 2026 program

These are estimates built from published figures, not a lender quote, a pre-approval or financial advice. Rates, premiums and state and federal rules change; confirm anything you plan to act on with a mortgage professional and read the sourcing methodology.