Mortgage on a $400K house in Pennsylvania
$2,727 a month with 20% down — $2,153 principal and interest plus $375 property tax and $200 insurance.
Pennsylvania's typical property tax is 1.12% of the home's value a year (U.S. average 0.9%), which adds $375 a month on a $400K home. The typical home in Pennsylvania is worth $287,078, so $400K is 39% above the typical price.
$400K home in Pennsylvania: 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 | $575 | $2,727 | $116,900 |
| 10% down | $40,000 | $360,000 | $2,422 | $150 | $575 | $3,147 | $134,900 |
| 5% down | $20,000 | $380,000 | $2,556 | $158 | $575 | $3,289 | $141,000 |
| 3.5% down (FHA) | $14,000 | $392,755 | $2,642 | $177 | $575 | $3,394 | $145,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.12% 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 Pennsylvania 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 |
|---|---|---|---|
| Lancaster County | $386,389 | 1.32% | $2,793 |
| Northampton County | $374,198 | 1.52% | $2,860 |
| Lehigh County | $363,024 | 1.55% | $2,869 |
| Delaware County | $362,572 | 1.84% | $2,967 |
| Centre County | $351,727 | 1.05% | $2,702 |
| Cumberland County | $341,579 | 1.17% | $2,743 |
64 of 67 Pennsylvania counties tracked by Zillow have a typical home value at or below $400K. See all Pennsylvania home prices.
Other prices in Pennsylvania
Frequently asked questions
What is the mortgage on a $400K house in Pennsylvania?
About $2,727 a month with 20% down at 7.11%: $2,153 principal and interest, $375 property tax and $200 insurance.
How much do I need to make to buy a $400K house in Pennsylvania?
About $116,900 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $400K house in Pennsylvania?
At Pennsylvania's typical effective rate of 1.12%, about $4,498 a year. Rates vary by county and city — see the county pages.