Mortgage on a $250K house in Wisconsin
$1,721 a month with 20% down — $1,345 principal and interest plus $251 property tax and $125 insurance.
Wisconsin's typical property tax is 1.2% of the home's value a year (U.S. average 0.9%), which adds $251 a month on a $250K home. The typical home in Wisconsin is worth $337,196, so $250K is 26% below the typical price.
$250K home in Wisconsin: 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 | $376 | $1,721 | $73,800 |
| 10% down | $25,000 | $225,000 | $1,514 | $94 | $376 | $1,983 | $85,000 |
| 5% down | $12,500 | $237,500 | $1,598 | $99 | $376 | $2,072 | $88,800 |
| 3.5% down (FHA) | $8,750 | $245,472 | $1,651 | $111 | $376 | $2,138 | $91,600 |
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 $250K buy a typical home?
In these counties the typical home value is within 15% of $250K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Lafayette County | $250,604 | 1.57% | $1,797 |
| Lincoln County | $246,038 | 1.32% | $1,746 |
| Adams County | $245,585 | 1.2% | $1,720 |
| Juneau County | $257,625 | 1.47% | $1,776 |
| Monroe County | $259,950 | 1.35% | $1,751 |
| Buffalo County | $260,791 | 1.32% | $1,745 |
| Douglas County | $261,006 | 1.26% | $1,734 |
| Vernon County | $262,834 | 1.33% | $1,748 |
| Manitowoc County | $264,380 | 1.44% | $1,771 |
| Langlade County | $230,723 | 1.25% | $1,730 |
| Marquette County | $269,362 | 1.26% | $1,734 |
| Crawford County | $230,605 | 1.56% | $1,795 |
16 of 72 Wisconsin counties tracked by Zillow have a typical home value at or below $250K. See all Wisconsin home prices.
Other prices in Wisconsin
Frequently asked questions
What is the mortgage on a $250K house in Wisconsin?
About $1,721 a month with 20% down at 7.11%: $1,345 principal and interest, $251 property tax and $125 insurance.
How much do I need to make to buy a $250K house in Wisconsin?
About $73,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $250K house in Wisconsin?
At Wisconsin's typical effective rate of 1.2%, about $3,009 a year. Rates vary by county and city — see the county pages.