Mortgage on a $150K house in Kansas
$1,038 a month with 20% down — $807 principal and interest plus $156 property tax and $75 insurance.
Kansas's typical property tax is 1.24% of the home's value a year (U.S. average 0.9%), which adds $156 a month on a $150K home. The typical home in Kansas is worth $246,055, so $150K is 39% below the typical price.
$150K home in Kansas: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $30,000 | $120,000 | $807 | $0 | $231 | $1,038 | $44,500 |
| 10% down | $15,000 | $135,000 | $908 | $56 | $231 | $1,195 | $51,200 |
| 5% down | $7,500 | $142,500 | $959 | $59 | $231 | $1,249 | $53,500 |
| 3.5% down (FHA) | $5,250 | $147,283 | $991 | $66 | $231 | $1,288 | $55,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.24% 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 Kansas does $150K buy a typical home?
In these counties the typical home value is within 15% of $150K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Kiowa County | $151,662 | 1.11% | $1,021 |
| Ellsworth County | $148,146 | 1.47% | $1,066 |
| Logan County | $148,113 | 1.64% | $1,087 |
| Hodgeman County | $151,953 | 1.66% | $1,089 |
| Sherman County | $152,116 | 1.59% | $1,081 |
| Sumner County | $147,657 | 1.58% | $1,079 |
| Seward County | $147,226 | 1.67% | $1,091 |
| Washington County | $153,163 | 1.37% | $1,054 |
| Reno County | $155,260 | 1.63% | $1,086 |
| Greeley County | $143,863 | 1.89% | $1,119 |
| Stanton County | $143,735 | 2.46% | $1,190 |
| Wichita County | $156,484 | 1.74% | $1,100 |
53 of 105 Kansas counties tracked by Zillow have a typical home value at or below $150K. See all Kansas home prices.
Other prices in Kansas
Frequently asked questions
What is the mortgage on a $150K house in Kansas?
About $1,038 a month with 20% down at 7.11%: $807 principal and interest, $156 property tax and $75 insurance.
How much do I need to make to buy a $150K house in Kansas?
About $44,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $150K house in Kansas?
At Kansas's typical effective rate of 1.24%, about $1,867 a year. Rates vary by county and city — see the county pages.