Mortgage on a $200K house in Pennsylvania
$1,364 a month with 20% down — $1,076 principal and interest plus $187 property tax and $100 insurance.
Pennsylvania's typical property tax is 1.12% of the home's value a year (U.S. average 0.9%), which adds $187 a month on a $200K home. The typical home in Pennsylvania is worth $287,078, so $200K is 30% below the typical price.
$200K home in Pennsylvania: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,000 | $160,000 | $1,076 | $0 | $287 | $1,364 | $58,400 |
| 10% down | $20,000 | $180,000 | $1,211 | $75 | $287 | $1,573 | $67,400 |
| 5% down | $10,000 | $190,000 | $1,278 | $79 | $287 | $1,645 | $70,500 |
| 3.5% down (FHA) | $7,000 | $196,378 | $1,321 | $88 | $287 | $1,697 | $72,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.12% 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 Pennsylvania does $200K buy a typical home?
In these counties the typical home value is within 15% of $200K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Bradford County | $199,574 | 1.09% | $1,358 |
| Clinton County | $198,515 | 1.16% | $1,370 |
| Mifflin County | $197,401 | 1.45% | $1,417 |
| Beaver County | $208,836 | 1.42% | $1,412 |
| Bedford County | $212,134 | 0.81% | $1,311 |
| Westmoreland County | $213,431 | 1.23% | $1,381 |
| Sullivan County | $214,269 | 1.02% | $1,347 |
| Tioga County | $218,488 | 1.15% | $1,368 |
| Huntingdon County | $181,292 | 0.94% | $1,333 |
| Somerset County | $180,049 | 0.98% | $1,340 |
| Schuylkill County | $179,851 | 1.4% | $1,409 |
| Mercer County | $179,580 | 1.18% | $1,373 |
26 of 67 Pennsylvania counties tracked by Zillow have a typical home value at or below $200K. See all Pennsylvania home prices.
Other prices in Pennsylvania
Frequently asked questions
What is the mortgage on a $200K house in Pennsylvania?
About $1,364 a month with 20% down at 7.11%: $1,076 principal and interest, $187 property tax and $100 insurance.
How much do I need to make to buy a $200K house in Pennsylvania?
About $58,400 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $200K house in Pennsylvania?
At Pennsylvania's typical effective rate of 1.12%, about $2,249 a year. Rates vary by county and city — see the county pages.