Estimate your monthly payment, including property taxes, insurance and HOA dues.
Estimate your monthly payment, including principal, interest, property tax, insurance and HOA dues. Use the North DFW property tax rates below for an accurate number, because in Texas the property tax line often adds $500 to $700 a month on a typical North DFW home.
For 2026, use about 1.68% for Frisco, 1.70% for Plano, 1.71% for McKinney, 1.94% for Prosper and 2% for Celina, then add any MUD or PID rate. Owners who live in the home get a $140,000 school exemption, so the true rate on a primary home is lower.
The property tax guide has the full breakdown and example bills.
Add homeowners insurance, HOA dues, and any MUD or PID assessment. Many newer communities in Prosper, Celina and north McKinney have both an HOA and a special district tax. If you put less than 20% down on a conventional loan, include private mortgage insurance.
It depends on the loan. Eligible veterans can buy with no down payment using a VA loan. FHA loans start at 3.5% down for qualified buyers, and some conventional programs start at 3%. Larger down payments lower your monthly payment and can remove mortgage insurance.
Ready for a real number? Melissa can connect you with local lenders she trusts for a pre-approval. Call or text (214) 280-4317 or read the Buyer's Guide.