Mortgage on a $300K house in Wisconsin
$2,065 a month with 20% down — $1,614 principal and interest plus $301 property tax and $150 insurance.
Wisconsin's typical property tax is 1.2% of the home's value a year (U.S. average 0.9%), which adds $301 a month on a $300K home. The typical home in Wisconsin is worth $337,196, so $300K is 11% below the typical price.
$300K home in Wisconsin: 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 | $451 | $2,065 | $88,500 |
| 10% down | $30,000 | $270,000 | $1,816 | $113 | $451 | $2,380 | $102,000 |
| 5% down | $15,000 | $285,000 | $1,917 | $119 | $451 | $2,487 | $106,600 |
| 3.5% down (FHA) | $10,500 | $294,566 | $1,982 | $133 | $451 | $2,565 | $109,900 |
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 $300K buy a typical home?
In these counties the typical home value is within 15% of $300K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Bayfield County | $300,175 | 1.01% | $2,016 |
| Burnett County | $301,217 | 0.93% | $1,996 |
| Rock County | $296,846 | 1.6% | $2,164 |
| Winnebago County | $304,461 | 1.63% | $2,172 |
| Green Lake County | $295,080 | 1.26% | $2,080 |
| Pepin County | $291,729 | 1.36% | $2,105 |
| Fond du Lac County | $291,658 | 1.51% | $2,142 |
| Menominee County | $310,016 | 3.56% | $2,655 |
| Washburn County | $311,922 | 1.05% | $2,027 |
| Oconto County | $313,555 | 1.18% | $2,059 |
| Milwaukee County | $286,344 | 1.93% | $2,246 |
| Waupaca County | $286,038 | 1.38% | $2,110 |
36 of 72 Wisconsin counties tracked by Zillow have a typical home value at or below $300K. See all Wisconsin home prices.
Other prices in Wisconsin
Frequently asked questions
What is the mortgage on a $300K house in Wisconsin?
About $2,065 a month with 20% down at 7.11%: $1,614 principal and interest, $301 property tax and $150 insurance.
How much do I need to make to buy a $300K house in Wisconsin?
About $88,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $300K house in Wisconsin?
At Wisconsin's typical effective rate of 1.2%, about $3,611 a year. Rates vary by county and city — see the county pages.