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Here’s What A $1,500 Mortgage Payment Looks Like

Jen Juneau

There are many factors to consider when you’re planning a major purchase — especially if that purchase is a new home for sale in Philadelphia, PA. One of the factors that often floats to the very top of the list? Price. And when you’re planning your new monthly budget as a homeowner, it’s important to have a sense of what monthly mortgage payment you can afford.

To see what you can get for your money in cities across the U.S., here are ten homes where Trulia’s estimated mortgage payment hovers around $1,500 per month. Whether you’re considering a move to a new city or just wonder how your current home base stacks up, read on to see just what the same mortgage payment looks like across the country.

Home for sale in Philadelphia with a $1500 estimated mortgage payment

Revolutionary retreat: $1,218/month, 1715 Wallace St. #101, Philadelphia, PA 19130

Located in Philly’s sought-after Art Museum district, this historic home includes lots of modern upgrades. Reach relaxation nirvana next to a wood-burning fireplace, climb a whimsical spiral staircase, and more. Both bathrooms were upgraded with custom marble in 2006.

home for sale in Chicago IL with $1500 estimated mortgage payment

Brick charm in Chi-Town: $1,506/month, 12939 S. Muskegon Ave., Chicago, IL 60633

Quirky landscaping beckons you toward this sprawling 2,740-square-foot brick home in Chicago’s Hegewisch neighborhood. With those gleaming hardwood floors and a downstairs bar (yes, please!), you’ll have a hard time finding a reason to drive into the city.

Home for sale in Milwaukee WI with a $1500 estimated mortgage payment

Victorian vibes: $1,779/month, 1537 N. Cass St., Milwaukee, WI 53202

With its five bedrooms, this cream-colored Victorian townhome on Milwaukee’s Lower East Side has enough room for the whole family. But the city views from the third-floor deck might be its best feature.

Home for sale in St Louis MO with a $1500 estimated mortgage payment

Energy efficiency: $1,477/month, 4248 McRee Ave., Saint Louis, MO 63110

After paying your mortgage every month, you’ll be pleasantly surprised by this home’s green features, including bamboo floors and a geothermal HVAC, which keeps electricity costs averaging below $100 a month. Save your money for the fancy restaurants that the Botanical Heights neighborhood is known for, including Olio and Old Standard Fried Chicken.

home for sale in Austin TX with $1500 estimated mortgage payment

Outdoor adventure: $1,506/month, 13227 Dime Box Trail, Austin, TX 78729

This home really brings it with curb appeal and a beautifully landscaped backyard. But the most striking bonus for new homeowners just might be the neighborhood: A park, hiking trail, pool, and tennis courts are all within walking distance!

home for sale in atlanta ga with $1500 estimated mortgage payment

Yard envy: $1,319/month, 194 Rockyford Road NE, Atlanta, GA 30317

At just 908 square feet, what this quaint little brick home may lack in square footage, it makes up for in spades with its location in Atlanta’s historic Kirkwood neighborhood and huge backyard. The inside is stunningly modern, bright, and open, featuring vaulted ceilings, hardwood floors, and a scuttle attic to make the most of every bit of storage space.

Home for sale in Orlando FL with a $1500 estimated mortgage payment

House near the mouse: $1,522/month, 11802 Daneswood Court, Orlando, FL 32821

If it’s square footage you’re looking for, it might be time to trek to Orlando. This beautifully maintained home is a stone’s throw from SeaWorld and offers more than 3,700 square feet of living space. Additional features include a breakfast bar, private master-suite patio, a bonus office, and a large backyard.

Home for sale in Seattle WA with a $1500 estimated mortgage payment

Remodeled paradise: $1,544/month, 5116 S. Orchard St., Seattle, WA 98118

Buyers who don’t need a ton of space and love an older look with modern conveniences could easily fall in love with this cute, two-bedroom Brighton hideaway. A charming stone wall and artfully weathered exterior give way to a bright interior with new hardwood floors, stainless steel appliances, bathroom tiles, and lighting, and there’s a fully fenced-in yard out back.

Home for sale in Denver CO with a $1500 estimated mortgage payment

Artist’s abode: $1,436/month, 361 N. Grant St., Denver, CO 80203

A cozy brick bungalow nestled just steps from the Cherry Creek bike path awaits the lucky Denver buyer who snags this property, just northwest of Washington Park. And if the location isn’t enough, consider the two-car garage: big enough for all your creative-project needs.

Home for sale in Queen Creek AZ with a $1500 estimated mortgage payment

Neighborhood hangout: $1,416/month, 21138 E. Stirrup St., Queen Creek, AZ 85142

Need enough space and gadgets to entertain all your closest friends — and their friends too? This 2,896-square-foot house in the Phoenix suburbs has you covered. Soak up the sun in the home’s huge back patio with gorgeous stone accents and a pool.

Which home surprised you? Share your favorite in the comments below!