Best States for Homebuyers in 2025: Lowest Monthly Payments
2026-03-26 · 6 min read · Comparison
Total Cost Matters More Than Home Price
A $200K home in Texas can cost more per month than a $250K home in Colorado because of property taxes. Total PITI (principal, interest, taxes, insurance) is what matters.
Lowest PITI States
For a $350K conventional loan: states like West Virginia, Mississippi, and Alabama consistently have the lowest monthly payments — not just because homes are cheaper, but because property tax rates are low.
Highest PITI States
New Jersey, Illinois, and New Hampshire have the highest property taxes, pushing monthly costs $300-$500 higher than the national average for the same home price.
See the full comparison in our conventional loan calculator.
Our team analyzes data from Freddie Mac & HUD to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.