Mortgage on a $250K house in Pennsylvania
$1,705 a month with 20% down — $1,345 principal and interest plus $234 property tax and $125 insurance.
Pennsylvania's typical property tax is 1.12% of the home's value a year (U.S. average 0.9%), which adds $234 a month on a $250K home. The typical home in Pennsylvania is worth $287,078, so $250K is 13% below the typical price.
$250K home in Pennsylvania: 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 | $359 | $1,705 | $73,100 |
| 10% down | $25,000 | $225,000 | $1,514 | $94 | $359 | $1,967 | $84,300 |
| 5% down | $12,500 | $237,500 | $1,598 | $99 | $359 | $2,056 | $88,100 |
| 3.5% down (FHA) | $8,750 | $245,472 | $1,651 | $111 | $359 | $2,121 | $90,900 |
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 $250K buy a typical home?
In these counties the typical home value is within 15% of $250K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Susquehanna County | $243,887 | 1.09% | $1,698 |
| Columbia County | $243,148 | 1.11% | $1,701 |
| Lackawanna County | $242,972 | 1.49% | $1,781 |
| Wyoming County | $240,208 | 1.31% | $1,743 |
| Snyder County | $240,138 | 1.11% | $1,701 |
| Fulton County | $239,744 | 1.02% | $1,682 |
| Juniata County | $236,854 | 0.99% | $1,677 |
| Allegheny County | $236,739 | 1.52% | $1,786 |
| Washington County | $235,765 | 1.09% | $1,697 |
| Lycoming County | $235,755 | 1.31% | $1,743 |
| Carbon County | $265,940 | 1.46% | $1,775 |
| Philadelphia County | $231,558 | 0.82% | $1,642 |
44 of 67 Pennsylvania counties tracked by Zillow have a typical home value at or below $250K. See all Pennsylvania home prices.
Other prices in Pennsylvania
Frequently asked questions
What is the mortgage on a $250K house in Pennsylvania?
About $1,705 a month with 20% down at 7.11%: $1,345 principal and interest, $234 property tax and $125 insurance.
How much do I need to make to buy a $250K house in Pennsylvania?
About $73,100 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $250K house in Pennsylvania?
At Pennsylvania's typical effective rate of 1.12%, about $2,811 a year. Rates vary by county and city — see the county pages.