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Mortgage Calculator &
Closing Costs: Kodiak, AK

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

Median Home Price
$365K
Population
6K
Avg Monthly Rent
$1,400
Property Tax Rate
1.19%
Kodiak vs Alaska Median
The median home price in Kodiak is $365,000, which is roughly in line with the Alaska state median of $350,000.

Mortgage Calculator — Kodiak, AK

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

$
$73,000
%
%
years
AK avg
%
$
Monthly Payment (PITI)
$2,325
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,846
per month
Taxes & Insurance
$479
per month
Total Interest Paid
$372K
over 30 years
Total Loan Cost
$664K
all payments
Payment Breakdown
Loan Amount$292,000
Principal & Interest$1,846
Property Taxes$362
Homeowners Insurance$117
Total Monthly PITI$2,325

Closing Costs — Kodiak, AK

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

$
%
Alaska: Avg closing costs 1.8% of price. Transfer tax: 0%.
Estimated Closing Costs
$11,011
3.0% of purchase price
Lender Fees
$3,053
origination, underwriting
Third-Party
$3,275
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,683
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,628
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,125
Recording Fee$150
Prepaid Taxes (3 mo)$1,086
Prepaid Insurance (12 mo)$1,400
Prepaid Interest (15 days)$878
Escrow Reserves$1,319
Total Closing Costs$11,011

Buying a Home in Kodiak, Alaska

The median home price in Kodiak is $365,000, roughly in line with the Alaska state median of $350,000. With a population of 5,983, Kodiak 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 $365,000 home in Kodiak would carry roughly $362/month in property taxes. Homeowners insurance in Alaska runs approximately $1,400 per year. This is within the normal range nationally.

Average rent in Kodiak is $1,400/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.

Kodiak presents moderate affordability. The $365K 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 Kodiak.
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