M
MortgageMath
Free mortgage calculators for every state

Mortgage Calculator &
Closing Costs: Pearl, MS

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

Median Home Price
$195K
Population
28K
Avg Monthly Rent
$950
Property Tax Rate
0.8%
Pearl vs Mississippi Median
The median home price in Pearl is $195,000, which is 11% above the Mississippi state median of $175,000.

Mortgage Calculator — Pearl, MS

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

$
$39,000
%
%
years
MS avg
%
$
Monthly Payment (PITI)
$1,316
Principal + Interest + Tax + Insurance + PMI
Share:TwitterFacebook
Principal & Interest
$986
per month
Taxes & Insurance
$330
per month
Total Interest Paid
$199K
over 30 years
Total Loan Cost
$355K
all payments
Payment Breakdown
Loan Amount$156,000
Principal & Interest$986
Property Taxes$130
Homeowners Insurance$200
Total Monthly PITI$1,316

Closing Costs — Pearl, MS

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

$
%
Mississippi: Avg closing costs 1.4% of price. Transfer tax: 0%.
Estimated Closing Costs
$8,303
4.3% of purchase price
Share:TwitterFacebook
Lender Fees
$1,829
origination, underwriting
Third-Party
$2,425
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,049
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,404
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,275
Recording Fee$150
Prepaid Taxes (3 mo)$390
Prepaid Insurance (12 mo)$2,400
Prepaid Interest (15 days)$469
Escrow Reserves$790
Total Closing Costs$8,303

Buying a Home in Pearl, Mississippi

The median home price in Pearl is $195,000, 11% above the Mississippi state median of $175,000. With a population of 27,951, Pearl is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Mississippi average 0.8% annually. This moderate property tax rate means a $195,000 home in Pearl would carry roughly $130/month in property taxes. Homeowners insurance in Mississippi runs approximately $2,400 per year. This is within the normal range nationally.

Average rent in Pearl is $950/month. The price-to-rent ratio in Pearl is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Pearl 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.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Pearl.
Rent vs Buy Calculator →
Explore all of Mississippi: Mississippi Mortgage Calculator & Closing Costs →

More Cities in Mississippi

Related Guides

The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.