The calculator below is pre-filled with Shelby County's own property tax rate and insurance average (expand "More options" to see or edit them) — not just Tennessee's statewide figures.
Source as of 2026-08-28: $2,875/year — average of Insure.com's $3,749/year figure for a standardized $300,000 dwelling / $100,000 liability policy ('Average homeowne…
County data last updated 2026-08-28. FIPS 47157. Full source list on /methodology.
All-in cost first, always — pre-filled with Shelby County tax and insurance figures. Estimate only, not a loan quote or pre-approval.
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Tell us your income and savings instead, and we'll work out the max home price and a qualification signal for Tennessee.
How much house can I afford in Tennessee? →Fewer listings, fewer buyers, and sellers who have a reason to be on the market in December. Here is what a winter discount is actually worth on a $400,000 house — in monthly payment, in lifetime interest, and in the seller concessions a quiet market makes possible — and the three ways a winter purchase goes wrong.
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.
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.
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 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.
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.