Free Tool

Clarksville, TN Mortgage Calculator

Estimate your monthly payment, total interest, and full amortization schedule. Built for Clarksville homebuyers and Fort Campbell military families using VA loans.

Loan Details

VA Loan (no PMI)
VA loans require $0 down. A 2.15% funding fee ($6,020) is typically rolled into the loan.

Monthly Payment

$2,116.07

P&I + tax + ins

Principal & Interest

$1,816.07

per month

Total Interest

$373,787

over 30 years

Total Cost

$653,787

down + payments

Monthly Payment Breakdown

Principal & Interest$1,816.07/mo
Property Tax$200.00/mo
Homeowner's Insurance$100.00/mo

Loan Summary

Home Price$280,000
Down Payment$0 (VA)
Loan Amount$280,000
Interest Rate6.75%
Loan Term30 years (360 payments)
VA Funding Fee$6,020

Buying a Home in Clarksville, TN

VA loans are the top choice for Fort Campbell military families. With $0 down, no PMI, and competitive rates, most active-duty and veteran buyers use VA financing. The 2.15% funding fee (first use, 0% down) is typically rolled into the loan.

Montgomery County property taxes average around $2,400 per year for a $280,000 home, one of the lowest rates in Tennessee. The effective rate is approximately 0.85%.

Median home price in Clarksville is approximately $280,000 as of early 2026, making it one of the most affordable mid-size cities in Tennessee.

BAH tip: An E-5 with dependents receives $1,812/month in BAH at Fort Campbell. At a 6.75% rate, that covers the full principal, interest, tax, and insurance on a home priced around $230,000 to $250,000.

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ClarksvilleBiz lists local real estate agents, mortgage lenders, home inspectors, and moving companies.

Fort Campbell BAH Lookup

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BAH Lookup Tool

This calculator is for estimation purposes only and does not constitute financial or mortgage advice. Actual rates, fees, and payments will vary. Contact a licensed mortgage lender for a formal quote. VA funding fee rates are subject to change by the Department of Veterans Affairs.

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