🏠 St. Louis, MO · 2026

Mortgage Calculator
St. Louis, MO

$245,000
Median Home
$1,683/mo
PITI Payment
$72K+
Salary Needed

St. Louis Housing Market 2026

The median home price in St. Louis is $245,000. At current 6.8% rates, your monthly PITI payment on an 80% conventional loan comes to $1,683/month. To qualify under standard 28% DTI guidelines, you need at least $72,000/year.

FRC Buyer Demand: WARM — market is balanced with some room to negotiate.

Median Home Price$245,000
20% Down Payment$49,000
Monthly P&I$1,278
Property Tax (1.25%)$255/mo
Insurance (est.)$150/mo
Total PITI$1,683/mo
Salary Needed$72K+/yr
Calculate your exact payment for any St. Louis home
Open Calculator → Check Approval Odds →

Frequently Asked Questions

What is the average mortgage payment in St. Louis, MO?
Based on the median St. Louis home price of $245,000 with 20% down at 6.8% rate, the estimated PITI payment is $1,683/month including principal, interest, property taxes, and home insurance.
What salary do I need to buy a home in St. Louis?
To afford the median St. Louis home under standard 28% front-end DTI guidelines, you need at least $72,000/year in gross income. Existing debt obligations may require a higher income.
Is St. Louis a good place to buy a home in 2026?
St. Louis currently shows WARM buyer demand. Market is balanced — reasonable time to buy with some negotiation room.
St. Louis Affordability → Mortgage Calculator → Credit Simulator → Days to Homeownership →
Data: NAR, Freddie Mac PMMS, US Census Bureau, Tax Foundation. Educational use only.
From the 2025 federal record

In the St. Louis, MO-IL metro area, 20.9% of the 10,550 FHA applications that reached a credit decision were denied in 2025. Small applications (under $150K) were denied at 32.4%. The gap between its softest and hardest high-volume FHA door was 20.0 points (GUILD MORTGAGE COMPANY 7.2% vs ROCKET MORTGAGE 27.2%). See this metro's full lender table →

CFPB HMDA 2025 · decisioned = actions 1,2,3 · historical observation, not a prediction · FinanceRateCalc

The part almost nobody publishes free

Prices and rates are widely reported. Whether a lender says yes is not. In the complete 2025 federal record, denial rates across the 100 largest FHA lenders ran from 1.8% to 78.7% — same programme, same year.

And it is not simply who applies where: standardizing on state, loan amount, income, debt-to-income and loan-to-value, applicant mix explains only a 2.7× range in expected outcomes.

Which lenders approve most → Your metro → Denied? →

CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Historical observations, not predictions. CC BY 4.0, not independently reproduced.

The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
Get the Dispatch →
AI Accuracy Index The Door Effect The Denial Map Open Data About 184 Metro Gaps Evidence Navigator Hallucination Files Press Newsletter
FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.