Calculate using real McAllen data. Median home price: $165,000. Property tax rate: 1.85%.
The median home price in McAllen, TX is $165,000. With a 20% down payment, you would need $33,000 down and finance $132,000.
Based on the median home price of $165,000 with 20% down at a 6.5% rate, the estimated monthly payment (principal & interest) is approximately $834.
The median household income in McAllen, TX is $42,758, which impacts how much home you can afford.