Is this calculator accurate for Las Cruces?

Yes. The default property tax rate is set to Doña Ana County's effective 0.74%, and the insurance default ($1,200/year) reflects typical Las Cruces premiums. Adjust the sliders for your specific situation.

Does the calculator include PMI?

Yes. PMI is auto-applied when down payment is below 20% on conventional loans. FHA MIP is also calculated when FHA is selected.

Where do I get a real pre-approval?

Call (575) 520-7604. We connect you with our preferred lender Jeff Sauer or another vetted Las Cruces lender. Free, no obligation.

Las Cruces Mortgage Calculator | Patino Real Estate

Home price $

$50K$2M

Down payment (20%) $

$0 (USDA/VA)50%+

Interest rate %

2%12%

Loan term yrs

10 yrs30 yrs

Property tax (annual) $

$0$20K/yr

Home insurance (annual) $

$0$6K/yr

HOA (monthly) $

$0$800/mo

Your estimated monthly payment

$2,920

on a $320,000 loan

Principal & Interest $2,076

Property tax $267

Home insurance $117

HOA $0

Approximate income needed ~$104,500/yr (using 28% front-end DTI)

Want this payment for real?

📞 (575) 520-7604 Get Pre-Approved

Same home, four loan types

Live comparison based on your inputs above. PMI shown automatically when down payment is below 20%.

Conventional

5% down typical

$2,920

$20,000 down

FHA

3.5% down min

$3,050

$14,000 down

VA

$0 down · veterans

$2,890

$0 down

USDA

$0 down · rural

$2,910

$0 down

Disclaimer: This calculator is an estimate only. Actual rates, taxes, insurance, and PMI vary by credit profile, lender, county, and property. For a real pre-approval and exact numbers, talk to Jeff Sauer or any of our recommended Las Cruces lenders, or call Patino Real Estate at (575) 520-7604. Patino Real Estate is not a mortgage lender, broker, or correspondent and does not originate loans.

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The Las Cruces New Home Experts

Manny Patino, Qualifying Broker. Our team — Gilbert Patino, Brandon Grajeda, Brian Salazar, Erika Melissa Moya — works with every active builder and represents buyers free. Meet the team →

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