Mortgage on a $300K house in Kansas
$2,076 a month with 20% down — $1,614 principal and interest plus $311 property tax and $150 insurance.
Kansas's typical property tax is 1.24% of the home's value a year (U.S. average 0.9%), which adds $311 a month on a $300K home. The typical home in Kansas is worth $246,055, so $300K is 22% above the typical price.
$300K home in Kansas: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $60,000 | $240,000 | $1,614 | $0 | $461 | $2,076 | $89,000 |
| 10% down | $30,000 | $270,000 | $1,816 | $113 | $461 | $2,390 | $102,400 |
| 5% down | $15,000 | $285,000 | $1,917 | $119 | $461 | $2,497 | $107,000 |
| 3.5% down (FHA) | $10,500 | $294,566 | $1,982 | $133 | $461 | $2,575 | $110,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.24% 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 Kansas does $300K buy a typical home?
In these counties the typical home value is within 15% of $300K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Jefferson County | $291,210 | 1.26% | $2,080 |
| Riley County | $273,920 | 1.46% | $2,130 |
| Pottawatomie County | $328,402 | 1.14% | $2,048 |
| Douglas County | $335,609 | 1.22% | $2,070 |
| Franklin County | $261,463 | 1.41% | $2,118 |
| Jackson County | $255,117 | 1.14% | $2,049 |
100 of 105 Kansas counties tracked by Zillow have a typical home value at or below $300K. See all Kansas home prices.
Other prices in Kansas
Frequently asked questions
What is the mortgage on a $300K house in Kansas?
About $2,076 a month with 20% down at 7.11%: $1,614 principal and interest, $311 property tax and $150 insurance.
How much do I need to make to buy a $300K house in Kansas?
About $89,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $300K house in Kansas?
At Kansas's typical effective rate of 1.24%, about $3,734 a year. Rates vary by county and city — see the county pages.