Mortgage on a $300K house in Nebraska
$2,093 a month with 20% down — $1,614 principal and interest plus $328 property tax and $150 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $328 a month on a $300K home. The typical home in Nebraska is worth $278,299, so $300K is 8% above the typical price.
$300K home in Nebraska: 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 | $478 | $2,093 | $89,700 |
| 10% down | $30,000 | $270,000 | $1,816 | $113 | $478 | $2,407 | $103,200 |
| 5% down | $15,000 | $285,000 | $1,917 | $119 | $478 | $2,514 | $107,700 |
| 3.5% down (FHA) | $10,500 | $294,566 | $1,982 | $133 | $478 | $2,592 | $111,100 |
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 $300K buy a typical home?
In these counties the typical home value is within 15% of $300K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Lancaster County | $299,768 | 1.53% | $2,146 |
| Hamilton County | $301,079 | 0.95% | $2,002 |
| Buffalo County | $305,204 | 1.44% | $2,125 |
| Boone County | $294,679 | 1.03% | $2,021 |
| Douglas County | $294,051 | 1.69% | $2,188 |
| Cass County | $308,970 | 1.43% | $2,123 |
| Sioux County | $310,306 | 1.63% | $2,171 |
| Gosper County | $311,165 | 1.05% | $2,027 |
| Keya Paha County | $284,560 | 1.29% | $2,087 |
| Seward County | $317,580 | 1.18% | $2,060 |
| Howard County | $280,528 | 1.16% | $2,055 |
| Hayes County | $280,179 | 1.01% | $2,017 |
78 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $300K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $300K house in Nebraska?
About $2,093 a month with 20% down at 7.11%: $1,614 principal and interest, $328 property tax and $150 insurance.
How much do I need to make to buy a $300K house in Nebraska?
About $89,700 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $300K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $3,938 a year. Rates vary by county and city — see the county pages.