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Mortgage Calculator &
Closing Costs: Joplin, MO

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Joplin, Missouri.

Median Home Price
$165K
Population
52K
Avg Monthly Rent
$850
Property Tax Rate
0.97%
Joplin vs Missouri Median
The median home price in Joplin is $165,000, which is 30% below the Missouri state median of $235,000.

Mortgage Calculator — Joplin, MO

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

$
$33,000
%
%
years
MO avg
%
$
Monthly Payment (PITI)
$1,151
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$834
per month
Taxes & Insurance
$316
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$133
Homeowners Insurance$183
Total Monthly PITI$1,151

Closing Costs — Joplin, MO

Estimated closing costs based on Missouri rates and fees applied to Joplin prices.

$
%
Missouri: Avg closing costs 0.9% of price. Transfer tax: 0%.
Estimated Closing Costs
$7,652
4.6% of purchase price
Lender Fees
$1,613
origination, underwriting
Third-Party
$2,275
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,764
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)$400
Prepaid Insurance (12 mo)$2,200
Prepaid Interest (15 days)$397
Escrow Reserves$767
Total Closing Costs$7,652

Buying a Home in Joplin, Missouri

The median home price in Joplin is $165,000, 30% below the Missouri state median of $235,000. With a population of 51,818, Joplin is a smaller market where home prices tend to be more accessible than in many parts of Missouri.

Property taxes in Missouri average 0.97% annually. This moderate property tax rate means a $165,000 home in Joplin would carry roughly $133/month in property taxes. Homeowners insurance in Missouri runs approximately $2,200 per year. This is within the normal range nationally.

Average rent in Joplin is $850/month. The price-to-rent ratio in Joplin is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Joplin offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Missouri's MHDC First Place Loan program.

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