Mortgage on a $200K house in Wisconsin
$1,377 a month with 20% down — $1,076 principal and interest plus $201 property tax and $100 insurance.
Wisconsin's typical property tax is 1.2% of the home's value a year (U.S. average 0.9%), which adds $201 a month on a $200K home. The typical home in Wisconsin is worth $337,196, so $200K is 41% below the typical price.
$200K home in Wisconsin: 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 | $301 | $1,377 | $59,000 |
| 10% down | $20,000 | $180,000 | $1,211 | $75 | $301 | $1,587 | $68,000 |
| 5% down | $10,000 | $190,000 | $1,278 | $79 | $301 | $1,658 | $71,100 |
| 3.5% down (FHA) | $7,000 | $196,378 | $1,321 | $88 | $301 | $1,710 | $73,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.2% 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 Wisconsin 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 |
|---|---|---|---|
| Florence County | $200,231 | 1.21% | $1,378 |
| Rusk County | $209,507 | 1.12% | $1,363 |
| Price County | $211,107 | 1.32% | $1,397 |
| Ashland County | $188,689 | 1.42% | $1,412 |
| Marinette County | $217,775 | 1.2% | $1,377 |
| Iron County | $222,359 | 1.07% | $1,354 |
| Clark County | $223,852 | 1.45% | $1,418 |
| Forest County | $224,632 | 1.07% | $1,355 |
| Jackson County | $228,571 | 1.39% | $1,408 |
| Grant County | $228,650 | 1.36% | $1,403 |
| Wood County | $229,035 | 1.54% | $1,432 |
| Taylor County | $229,101 | 1.39% | $1,409 |
1 of 72 Wisconsin counties tracked by Zillow have a typical home value at or below $200K. See all Wisconsin home prices.
Other prices in Wisconsin
Frequently asked questions
What is the mortgage on a $200K house in Wisconsin?
About $1,377 a month with 20% down at 7.11%: $1,076 principal and interest, $201 property tax and $100 insurance.
How much do I need to make to buy a $200K house in Wisconsin?
About $59,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $200K house in Wisconsin?
At Wisconsin's typical effective rate of 1.2%, about $2,408 a year. Rates vary by county and city — see the county pages.