Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Atkinson Elementary School
2811 Duncan St
Distance between this listing and this school0.64 miles
Public Magnet Grades KG-5
3
/10
Portland Elementary School
3410 Northwestern Pkwy
Distance between this listing and this school0.71 miles
Public Magnet Grades KG-5
1
/10
Byck Elementary School
2328 Cedar St
Distance between this listing and this school1.17 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Western Middle School for the Arts
2201 W Main St
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
3
/10
Hazelwood Middle School
1021 Hazelwood Ave
Distance between this listing and this school2.17 miles
Public District Grades 5-8
4
/10
Clarksville Middle School
101 Ettels Ln
Distance between this listing and this school2.31 miles
Public District Grades 5-8
Nearby Schools
1
/10
The Academy at Shawnee High School
4001 Herman St
Distance between this listing and this school1.53 miles
Public Magnet Grades 6-12
4
/10
Central High Magnet Career Academy
1130 W Chestnut St
Distance between this listing and this school1.91 miles
Public Magnet Grades 9-12
5
/10
New Albany Senior High School
1020 Vincennes St
Distance between this listing and this school2.11 miles
The neighbors living near this home have an average income of $14,519. Most Louisville, KY residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 2616 Montgomery St in Louisville, KY and zip code 40212 in the Portland neighborhood. This 3,821 square foot home was built in 1900. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $150,000.
In October 2024 more than 211 listings in Louisville, KY were sold above the asking price. During the same period more than 193 listings were sold at asking price, while more than 346 were sold below. The inventory of homes for sale in Louisville, KY between September 2024 and October 2024 increased by 6.9%. Listings spent 15 days on the market in October 2024, and had a median list price of $252,697 during the same period.
From Rocket Homes Real Estate and based on county public records data.