The calculator below is pre-filled with Davidson County's own property tax rate and insurance average (expand "More options" to see or edit them) — not just Tennessee's statewide figures.

Davidson County at a glance

Effective property tax rate: 0.57% of home value / year
Median home price: $491,000
Homeowners insurance (avg/year): $3,029
Conforming loan limit (1-unit, 2026): $1,029,250

County data last updated 2026-08-21. FIPS 47037. Full source list on /methodology.

Davidson County, TN mortgage payment calculator

All-in cost first, always — pre-filled with Davidson County tax and insurance figures. Estimate only, not a loan quote or pre-approval.

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PMI removal calculator

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Mortgage points calculator

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Related reading

Closing Costs in Tennessee: What You'll Actually Pay

Tennessee taxes your closing twice — once on the sale, once on the mortgage — yet both together run about $1,772 on a $383,600 home. Here's the real math.

What Is PMI, and How Do You Get Rid of It?

Private mortgage insurance explained in plain English — what it costs, why it exists, the exact federal rules for cancelling it, and how to work out the month your PMI is scheduled to end.

Guides & templates

Buying a Home With Someone Else

The operational guide to buying property with a partner, friend, sibling, or parent — credit and DTI mechanics, title vesting, a clause-by-clause co-ownership agreement, and how the exit actually works.

The First-Time Buyer's Playbook: 12 Months to Closing Day

A month-by-month plan for the year before you buy: what to do in each phase, what never to touch, how to document every dollar, and how to survive closing day.

Tennessee at a glance

Median home price: $383,600
Typical closing costs: 2%–5% of price
Transfer tax: 0.37% of sale price, customarily paid by buyer
Closing custom: escrow
Homestead exemption: Tennessee has no broad ad-valorem homestead exemption that reduces assessed value for all owner-occupants (unlike FL or TX). Instead it offers the Property Tax Relief Program, administered by the state Comptroller, which reimburses (pays directly to the county trustee on the homeowner's behalf) a portion of property tax for qualifying low-income elderly (65+) homeowners, disabled homeowners, disabled veterans, and surviving spouses of veterans — disabled veterans and their surviving spouses are exempt from the income limit; other applicants must meet an income cap (~$36,760 as of the most recent figure found). Separately, many counties/municipalities offer a local-option Tax Freeze Program for homeowners 65+ or disabled (income limit ~$47,030) that freezes (does not reduce) the assessed value used for tax billing. Neither applies automatically — apply annually through the county Trustee's office, typically due by April 5.

First-time buyer / down payment assistance programs

THDA Great Choice Home Loan
Tennessee Housing Development Agency's statewide 30-year fixed-rate first mortgage (FHA/VA/USDA/Conventional) for homebuyers, paired with optional down payment assistance (Great Choice Plus, a second mortgage); first-time-buyer requirement waived in targeted counties/census tracts. Subject to county-specific income limits and a statewide acquisition (purchase) price cap.
THDA Great Choice Plus
Second mortgage down payment/closing cost assistance paired with a THDA Great Choice first mortgage, offered as either a deferred (0%-interest, due at sale/refinance/payoff) or amortizing loan option, up to 6% of the first mortgage loan amount.