Mortgage on a $100K house in Nebraska
$698 a month with 20% down — $538 principal and interest plus $109 property tax and $50 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $109 a month on a $100K home. The typical home in Nebraska is worth $278,299, so $100K is 64% below the typical price.
$100K home in Nebraska: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $20,000 | $80,000 | $538 | $0 | $159 | $698 | $29,900 |
| 10% down | $10,000 | $90,000 | $605 | $38 | $159 | $802 | $34,400 |
| 5% down | $5,000 | $95,000 | $639 | $40 | $159 | $838 | $35,900 |
| 3.5% down (FHA) | $3,500 | $98,189 | $661 | $44 | $159 | $864 | $37,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.31% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Nebraska does $100K buy a typical home?
In these counties the typical home value is within 15% of $100K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Richardson County | $114,176 | 1.43% | $707 |
0 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $100K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $100K house in Nebraska?
About $698 a month with 20% down at 7.11%: $538 principal and interest, $109 property tax and $50 insurance.
How much do I need to make to buy a $100K house in Nebraska?
About $29,900 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $100K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $1,313 a year. Rates vary by county and city — see the county pages.