Alabama Mortgage Calculator
Calculate your monthly mortgage payment for homes in Alabama, factoring in local property taxes, home insurance, and HOA fees.
Why calculating mortgage in Alabama is different
Alabama has a progressive income tax system with relatively low property taxes but moderate sales tax rates across counties.
State Income Tax
2% - 5%
Base Sales Tax
4%
State Min Wage
$7.25 / hr
Abbreviation
AL
Alabama Mortgage Interactive Tool
This calculator uses the latest 2026 data for Alabama, including the minimum wage of $7.25 and the specific state income tax rates (2% - 5%).
Frequently Asked Questions about Alabama Mortgage
How much are typical closing costs in Alabama?
Closing costs in Alabama typically range from 2% to 5% of the total loan amount. This includes state-specific mortgage recording taxes and title fees.
Should I buy a home in Alabama?
Buying a home in Alabama requires factoring in the local property tax rates and home insurance costs, which can vary drastically between different counties.