When purchasing a home in Alaska, it’s important to consider mortgage rates. For instance, the average home value in the state is $326,000. The average monthly mortgage payment in the state is $1,201. This is around $42 more than the national average.
Out of all 50 states, Alaska sits in the more expensive half of our ranking. It has the 19th most expensive real estate tax at 1.19% and property tax at $2,599. On average, the household income in Alaska is $8,042 per month.
Using MoneyGeek’s Alaska mortgage calculator, you can get a personalized estimate based on mortgage-related factors. You can enter and adjust factors like your home price, down payment, loan terms, interest rate, insurance and more. MoneyGeek also provides tips to help you during your homebuying journey.