Ranked from ACS 2023 5-Year
Lowest Costs Beyond the Mortgage in New Mexico
Where the mortgage is most of what owning costs, and everything else is a thin slice on top. These are the counties where a payoff changes the most: the share in the first column is roughly what you would still be paying every month with no mortgage left at all. Modelled at 20% down at the rate this site currently uses, so the share moves with both.
New Mexico ranked
| # | County | Share beyond mortgage | Monthly beyond mortgage | Monthly to own |
|---|---|---|---|---|
| 1 | Taos County | 27.6% | $720 | $2,610 |
| 2 | Santa Fe County | 28.3% | $879 | $3,105 |
| 3 | Los Alamos County | 28.5% | $965 | $3,380 |
| 4 | Rio Arriba County | 30.9% | $550 | $1,783 |
| 5 | Sandoval County | 32.1% | $711 | $2,218 |
| 6 | Lincoln County | 32.2% | $538 | $1,671 |
| 7 | Eddy County | 32.4% | $510 | $1,574 |
| 8 | Catron County | 32.4% | $440 | $1,357 |
| 9 | Lea County | 33.1% | $466 | $1,405 |
| 10 | Valencia County | 33.3% | $550 | $1,654 |
| 11 | Doña Ana County | 33.5% | $552 | $1,648 |
| 12 | Bernalillo County | 33.6% | $727 | $2,160 |
| 13 | Grant County | 33.7% | $445 | $1,323 |
| 14 | San Miguel County | 33.7% | $482 | $1,430 |
| 15 | San Juan County | 34.2% | $513 | $1,501 |
| 16 | De Baca County | 34.3% | $440 | $1,283 |
| 17 | Curry County | 34.5% | $452 | $1,311 |
| 18 | Colfax County | 34.6% | $455 | $1,315 |
| 19 | Torrance County | 34.8% | $414 | $1,189 |
| 20 | Otero County | 35.2% | $433 | $1,232 |
| 21 | Roosevelt County | 35.3% | $396 | $1,122 |
| 22 | Sierra County | 35.4% | $423 | $1,197 |
| 23 | Socorro County | 35.5% | $421 | $1,186 |
| 24 | Union County | 36.1% | $411 | $1,136 |
| 25 | Chaves County | 36.2% | $430 | $1,187 |
| 26 | Mora County | 37.2% | $379 | $1,019 |
| 27 | Hidalgo County | 37.3% | $362 | $971 |
| 28 | Luna County | 38.1% | $370 | $971 |
| 29 | Guadalupe County | 38.4% | $356 | $929 |
| 30 | Cibola County | 38.9% | $408 | $1,048 |
| 31 | Harding County | 40.2% | $311 | $772 |
| 32 | Quay County | 42.2% | $320 | $759 |
| 33 | McKinley County | 49.6% | $378 | $763 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Costs Beyond the Mortgage across all 3,133 US counties · Every county in New Mexico