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Overland Park mortgage calculator
A median-priced Overland Park, KS home at 6.75% over 30 years, with Kansas property tax of 1.34% and $3,200 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$2,690 a month, all in
Principal and interest are $1,920; escrow and PMI add the rest. Over the full term the loan costs $395,280 in interest. Discounted at 5%, buying here has a net present value of $19,262 ($221,347 in today’s dollars).
Within Kansas, Overland Park is the most expensive of the 4 Kansas markets covered here. Prices here run 2.15x those in Topeka, the cheapest market listed, so a statewide average badly understates what a purchase costs on this side of the state.
Overland Park carries a premium over the rest of Kansas: a median home here runs $329,000, about 40% above the state median of $235,000. The deposit moves with it, so the same 20% down is $65,800 rather than $47,000.
Prices here have run ahead of rents: the local price index sits at 1.40 against a rent index of 1.25. A market where buying costs rise faster than renting does is one where the rent-vs-buy answer leans later — you need a longer hold before ownership wins.
Monthly cost in Overland Park vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $329,000 |
|---|---|
| Down payment (10%) | $32,900 |
| Loan amount | $296,100 |
| Principal & interest | $1,920/mo |
| Property tax (1.34%) | $367/mo |
| Homeowners insurance | $267/mo |
| PMI while above 80% LTV | $136/mo |
| Total monthly payment | $2,690/mo |
| Comparable rent | $1,563/mo |
What a rate move does to the Overland Park payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $1,681/mo |
| 6% | $1,775/mo |
| 6.5% | $1,872/mo |
| 7% | $1,970/mo |
| 7.5% | $2,070/mo |
| 8% | $2,173/mo |
Rent or buy in Overland Park?
Against $1,563 a month in rent, over 7 years renting leaves you about $74,254 better off — $62,467 once 2.5% inflation is stripped out. See the Kansas rent-vs-buy page.
Where these numbers come from
Kansas medians come from editorial and are refreshed weekly. The Overland Park figures index those state medians to the local market, so they track the same feed rather than going stale. Insurance and the state income tax rate are editorial. Treat everything here as a planning estimate, not a quote.