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Mortgage Calculator &
Closing Costs: Pascagoula, MS

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Pascagoula, Mississippi.

Median Home Price
$165K
Population
22K
Avg Monthly Rent
$880
Property Tax Rate
0.8%
Pascagoula vs Mississippi Median
The median home price in Pascagoula is $165,000, which is 6% below the Mississippi state median of $175,000.

Mortgage Calculator — Pascagoula, MS

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

$
$33,000
%
%
years
MS avg
%
$
Monthly Payment (PITI)
$1,144
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$834
per month
Taxes & Insurance
$310
per month
Total Interest Paid
$168K
over 30 years
Total Loan Cost
$300K
all payments
Payment Breakdown
Loan Amount$132,000
Principal & Interest$834
Property Taxes$110
Homeowners Insurance$200
Total Monthly PITI$1,144

Closing Costs — Pascagoula, MS

Estimated closing costs based on Mississippi rates and fees applied to Pascagoula prices.

$
%
Mississippi: Avg closing costs 1.4% of price. Transfer tax: 0%.
Estimated Closing Costs
$7,745
4.7% of purchase price
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Lender Fees
$1,613
origination, underwriting
Third-Party
$2,275
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,857
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,188
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,125
Recording Fee$150
Prepaid Taxes (3 mo)$330
Prepaid Insurance (12 mo)$2,400
Prepaid Interest (15 days)$397
Escrow Reserves$730
Total Closing Costs$7,745

Buying a Home in Pascagoula, Mississippi

The median home price in Pascagoula is $165,000, 6% below the Mississippi state median of $175,000. With a population of 21,811, Pascagoula is a smaller market where home prices tend to be more accessible than in many parts of Mississippi.

Property taxes in Mississippi average 0.8% annually. This moderate property tax rate means a $165,000 home in Pascagoula would carry roughly $110/month in property taxes. Homeowners insurance in Mississippi runs approximately $2,400 per year. This is within the normal range nationally.

Average rent in Pascagoula is $880/month. The price-to-rent ratio in Pascagoula is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Pascagoula offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Mississippi's MHC Smart Solution program.

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