Total monthly cost of ownership
Cost to Own a Home in Tellico Village, Tennessee
A $485,000 home here costs
$3,453per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,493. The real number is $960 higher every month — 38% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Tellico Village against Loudon County and Tennessee
| Measure | Tellico Village | Loudon County |
|---|---|---|
| Median home value | $484,900 | $292,600 |
| Median property tax | $1,845 | $1,163 |
| Effective tax rate | 0.380% | 0.397% |
| Median gross rent | $2,020 | $995 |
| Population | 6,901 | 56,996 |
The weather behind that power bill
Tellico Village sits in Loudon County, which averages a high of 89.0°F in its hottest month and a low of 28.0°F in its coldest, with 55.2" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,536 cooling and 3,654 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Loudon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Loudon County
Full Loudon County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Tellico Village?
A $485,000 home in Tellico Village, Tennessee costs approximately $3,453 per month with 20% down at 6.66%. That is $2,493 principal and interest, $154 property tax, $204 homeowners insurance, $198 utilities and $404 set aside for maintenance.
What is the property tax rate in Tellico Village?
Tellico Village has an effective property tax rate of 0.380%, based on a median home value of $484,900 and median real estate taxes of $1,845. That is lower than the Loudon County average of 0.397%.
What is the average home price in Tellico Village?
The median owner-occupied home value in Tellico Village, Tennessee is $484,900, against $292,600 across Loudon County.
Is it cheaper to rent or buy in Tellico Village?
Median gross rent in Tellico Village is $2,020 a month, against $3,453 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tellico Village — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.