Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Las Vegas mortgage calculator
A median-priced Las Vegas, NV home at 6.75% over 30 years, with Nevada property tax of 0.55% and $1,300 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$2,976 a month, all in
Principal and interest are $2,495; escrow and PMI add the rest. Over the full term the loan costs $513,623 in interest. Discounted at 5%, buying here has a net present value of $60,931 ($331,728 in today’s dollars).
Within Nevada, Las Vegas is 3rd of the 4 Nevada markets covered here, between Reno at the top and North Las Vegas at the bottom of a 1.39x spread. A state-level median hides most of that.
A price-to-rent ratio of 19.8 puts Las Vegas in the middle of the range, where the rent-vs-buy answer is decided by how long you stay and what the deposit would otherwise earn.
Rents here are high relative to prices — a rent index of 1.00 against a price index of 0.95. That combination favours buying sooner, because the payment you avoid is larger relative to the price you pay.
Monthly cost in Las Vegas vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $427,500 |
|---|---|
| Down payment (10%) | $42,750 |
| Loan amount | $384,750 |
| Principal & interest | $2,495/mo |
| Property tax (0.55%) | $196/mo |
| Homeowners insurance | $108/mo |
| PMI while above 80% LTV | $176/mo |
| Total monthly payment | $2,976/mo |
| Comparable rent | $1,800/mo |
What a rate move does to the Las Vegas payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $2,185/mo |
| 6% | $2,307/mo |
| 6.5% | $2,432/mo |
| 7% | $2,560/mo |
| 7.5% | $2,690/mo |
| 8% | $2,823/mo |
Rent or buy in Las Vegas?
Against $1,800 a month in rent, over 7 years renting leaves you about $63,472 better off — $53,397 once 2.5% inflation is stripped out. See the Nevada rent-vs-buy page.
Where these numbers come from
Nevada medians come from editorial and are refreshed weekly. The Las Vegas 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.