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Mortgage Calculator &
Closing Costs: Ketchikan, AK

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Ketchikan, Alaska.

Median Home Price
$355K
Population
8K
Avg Monthly Rent
$1,350
Property Tax Rate
1.19%
Ketchikan vs Alaska Median
The median home price in Ketchikan is $355,000, which is roughly in line with the Alaska state median of $350,000.

Mortgage Calculator — Ketchikan, AK

Pre-filled with Ketchikan median home price and Alaska tax/insurance rates. Adjust for your property.

$
$71,000
%
%
years
AK avg
%
$
Monthly Payment (PITI)
$2,264
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,795
per month
Taxes & Insurance
$469
per month
Total Interest Paid
$362K
over 30 years
Total Loan Cost
$646K
all payments
Payment Breakdown
Loan Amount$284,000
Principal & Interest$1,795
Property Taxes$352
Homeowners Insurance$117
Total Monthly PITI$2,264

Closing Costs — Ketchikan, AK

Estimated closing costs based on Alaska rates and fees applied to Ketchikan prices.

$
%
Alaska: Avg closing costs 1.8% of price. Transfer tax: 0%.
Estimated Closing Costs
$10,805
3.0% of purchase price
Lender Fees
$2,981
origination, underwriting
Third-Party
$3,225
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,599
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,556
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,075
Recording Fee$150
Prepaid Taxes (3 mo)$1,056
Prepaid Insurance (12 mo)$1,400
Prepaid Interest (15 days)$853
Escrow Reserves$1,289
Total Closing Costs$10,805

Buying a Home in Ketchikan, Alaska

The median home price in Ketchikan is $355,000, roughly in line with the Alaska state median of $350,000. With a population of 8,192, Ketchikan is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Alaska average 1.19% annually. This moderate property tax rate means a $355,000 home in Ketchikan would carry roughly $352/month in property taxes. Homeowners insurance in Alaska runs approximately $1,400 per year. This is within the normal range nationally.

Average rent in Ketchikan is $1,350/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Ketchikan presents moderate affordability. The $355K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Ketchikan.
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