Mortgage on a $250K house in Nebraska
$1,744 a month with 20% down — $1,345 principal and interest plus $273 property tax and $125 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $273 a month on a $250K home. The typical home in Nebraska is worth $278,299, so $250K is 10% below the typical price.
$250K home in Nebraska: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,000 | $200,000 | $1,345 | $0 | $398 | $1,744 | $74,700 |
| 10% down | $25,000 | $225,000 | $1,514 | $94 | $398 | $2,006 | $86,000 |
| 5% down | $12,500 | $237,500 | $1,598 | $99 | $398 | $2,095 | $89,800 |
| 3.5% down (FHA) | $8,750 | $245,472 | $1,651 | $111 | $398 | $2,160 | $92,600 |
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 $250K buy a typical home?
In these counties the typical home value is within 15% of $250K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Kearney County | $250,494 | 1.23% | $1,726 |
| Wayne County | $252,588 | 1.12% | $1,704 |
| Keith County | $247,262 | 1.41% | $1,764 |
| Pierce County | $246,072 | 1.14% | $1,708 |
| Madison County | $254,172 | 1.37% | $1,756 |
| Dakota County | $245,248 | 1.54% | $1,791 |
| Otoe County | $244,979 | 1.33% | $1,749 |
| Hall County | $255,979 | 1.39% | $1,760 |
| Butler County | $242,422 | 1.11% | $1,702 |
| Dodge County | $240,410 | 1.27% | $1,734 |
| Cedar County | $236,446 | 1% | $1,679 |
| Stanton County | $264,237 | 1.26% | $1,734 |
65 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $250K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $250K house in Nebraska?
About $1,744 a month with 20% down at 7.11%: $1,345 principal and interest, $273 property tax and $125 insurance.
How much do I need to make to buy a $250K house in Nebraska?
About $74,700 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $250K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $3,282 a year. Rates vary by county and city — see the county pages.