Mortgage on a $150K house in Nebraska
$1,046 a month with 20% down — $807 principal and interest plus $164 property tax and $75 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $164 a month on a $150K home. The typical home in Nebraska is worth $278,299, so $150K is 46% below the typical price.
$150K home in Nebraska: 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 | $239 | $1,046 | $44,800 |
| 10% down | $15,000 | $135,000 | $908 | $56 | $239 | $1,203 | $51,600 |
| 5% down | $7,500 | $142,500 | $959 | $59 | $239 | $1,257 | $53,900 |
| 3.5% down (FHA) | $5,250 | $147,283 | $991 | $66 | $239 | $1,296 | $55,600 |
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 $150K buy a typical home?
In these counties the typical home value is within 15% of $150K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Thayer County | $148,778 | 1.03% | $1,010 |
| Franklin County | $151,515 | 1.28% | $1,042 |
| Morrill County | $151,995 | 1.42% | $1,059 |
| Hitchcock County | $146,947 | 1.17% | $1,028 |
| Brown County | $153,472 | 1.1% | $1,019 |
| Dundy County | $154,651 | 0.8% | $982 |
| Sheridan County | $143,575 | 1.37% | $1,054 |
| Nance County | $159,244 | 1.1% | $1,020 |
| Hooker County | $140,717 | 1.04% | $1,013 |
| Pawnee County | $160,023 | 1.52% | $1,072 |
| Jefferson County | $138,265 | 1.46% | $1,064 |
| Webster County | $135,584 | 1.45% | $1,064 |
11 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $150K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $150K house in Nebraska?
About $1,046 a month with 20% down at 7.11%: $807 principal and interest, $164 property tax and $75 insurance.
How much do I need to make to buy a $150K house in Nebraska?
About $44,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $150K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $1,969 a year. Rates vary by county and city — see the county pages.