@walterwilson__: What does a $500K home actually cost in Houston? 🏡 You can potentially put as little as 0% down, and some conventional loan programs can go as low as 3% down depending on your qualifications. But if you’re considering putting more down, here’s an estimate using a 5.75% interest rate, 3% property tax rate, and a homestead exemption: 5% DOWN — $25,000 Loan: $475,000 Principal + Interest: ~$2,772/mo Estimated taxes with homestead: ~$1,000/mo P&I + taxes: ~$3,772/mo 10% DOWN — $50,000 Loan: $450,000 Principal + Interest: ~$2,626/mo Estimated taxes with homestead: ~$1,000/mo P&I + taxes: ~$3,626/mo 15% DOWN — $75,000 Loan: $425,000 Principal + Interest: ~$2,480/mo Estimated taxes with homestead: ~$1,000/mo P&I + taxes: ~$3,480/mo 20% DOWN — $100,000 Loan: $400,000 Principal + Interest: ~$2,334/mo Estimated taxes with homestead: ~$1,000/mo P&I + taxes: ~$3,334/mo These are estimates and do not include homeowners insurance, PMI or HOA. Your actual payment will depend on your loan program, credit, insurance, property taxes and the specific property. If this is your primary residence, you may qualify for a homestead exemption, which can lower your taxable value and therefore your property-tax bill. And remember—you don’t necessarily need 20% down. Depending on the loan program and your qualifications, you may be able to put 0% or 3% down. Want me to break down what a $300K, $400K or $600K home would look like? 👇 #HoustonRealEstate #HoustonRealtor #HoustonHomes

WALTER WILSON

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Tuesday 22 September 2026 00:34:49 GMT