Mortgage on a $400K house in Kansas
$2,768 a month with 20% down — $2,153 principal and interest plus $415 property tax and $200 insurance.
Kansas's typical property tax is 1.24% of the home's value a year (U.S. average 0.9%), which adds $415 a month on a $400K home. The typical home in Kansas is worth $246,055, so $400K is 63% above the typical price.
$400K home in Kansas: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $80,000 | $320,000 | $2,153 | $0 | $615 | $2,768 | $118,600 |
| 10% down | $40,000 | $360,000 | $2,422 | $150 | $615 | $3,187 | $136,600 |
| 5% down | $20,000 | $380,000 | $2,556 | $158 | $615 | $3,330 | $142,700 |
| 3.5% down (FHA) | $14,000 | $392,755 | $2,642 | $177 | $615 | $3,434 | $147,200 |
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 $400K buy a typical home?
In these counties the typical home value is within 15% of $400K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Miami County | $377,634 | 1.27% | $2,775 |
| Leavenworth County | $347,796 | 1.21% | $2,756 |
| Johnson County | $458,265 | 1.14% | $2,732 |
104 of 105 Kansas counties tracked by Zillow have a typical home value at or below $400K. See all Kansas home prices.
Other prices in Kansas
Frequently asked questions
What is the mortgage on a $400K house in Kansas?
About $2,768 a month with 20% down at 7.11%: $2,153 principal and interest, $415 property tax and $200 insurance.
How much do I need to make to buy a $400K house in Kansas?
About $118,600 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $400K house in Kansas?
At Kansas's typical effective rate of 1.24%, about $4,979 a year. Rates vary by county and city — see the county pages.