Mortgage on a $350K house in Nebraska
$2,441 a month with 20% down — $1,884 principal and interest plus $383 property tax and $175 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $383 a month on a $350K home. The typical home in Nebraska is worth $278,299, so $350K is 26% above the typical price.
$350K home in Nebraska: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $70,000 | $280,000 | $1,884 | $0 | $558 | $2,441 | $104,600 |
| 10% down | $35,000 | $315,000 | $2,119 | $131 | $558 | $2,808 | $120,300 |
| 5% down | $17,500 | $332,500 | $2,237 | $139 | $558 | $2,933 | $125,700 |
| 3.5% down (FHA) | $12,250 | $343,661 | $2,312 | $155 | $558 | $3,024 | $129,600 |
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 $350K buy a typical home?
In these counties the typical home value is within 15% of $350K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Banner County | $355,663 | 1.26% | $2,426 |
| Sarpy County | $356,669 | 1.74% | $2,567 |
| Saunders County | $357,205 | 1.3% | $2,438 |
| McPherson County | $339,233 | 1.11% | $2,382 |
| Seward County | $317,580 | 1.18% | $2,403 |
| Gosper County | $311,165 | 1.05% | $2,365 |
| Sioux County | $310,306 | 1.63% | $2,533 |
| Cass County | $308,970 | 1.43% | $2,476 |
| Buffalo County | $305,204 | 1.44% | $2,479 |
| Washington County | $396,936 | 1.39% | $2,465 |
| Hamilton County | $301,079 | 0.95% | $2,335 |
| Lancaster County | $299,768 | 1.53% | $2,504 |
85 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $350K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $350K house in Nebraska?
About $2,441 a month with 20% down at 7.11%: $1,884 principal and interest, $383 property tax and $175 insurance.
How much do I need to make to buy a $350K house in Nebraska?
About $104,600 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $350K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $4,594 a year. Rates vary by county and city — see the county pages.