Mortgage on a $400K house in Wyoming
$2,538 a month with 20% down — $2,153 principal and interest plus $185 property tax and $200 insurance.
Wyoming's typical property tax is 0.56% of the home's value a year (U.S. average 0.9%), which adds $185 a month on a $400K home. The typical home in Wyoming is worth $369,044, so $400K is 8% above the typical price.
$400K home in Wyoming: 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 | $385 | $2,538 | $108,800 |
| 10% down | $40,000 | $360,000 | $2,422 | $150 | $385 | $2,957 | $126,700 |
| 5% down | $20,000 | $380,000 | $2,556 | $158 | $385 | $3,100 | $132,900 |
| 3.5% down (FHA) | $14,000 | $392,755 | $2,642 | $177 | $385 | $3,204 | $137,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.56% 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 Wyoming 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 |
|---|---|---|---|
| Laramie County | $390,068 | 0.57% | $2,542 |
| Johnson County | $415,867 | 0.56% | $2,538 |
| Albany County | $383,049 | 0.58% | $2,545 |
| Crook County | $424,740 | 0.56% | $2,540 |
| Sheridan County | $442,028 | 0.55% | $2,536 |
| Sublette County | $450,867 | 0.44% | $2,500 |
| Park County | $452,286 | 0.56% | $2,541 |
16 of 23 Wyoming counties tracked by Zillow have a typical home value at or below $400K. See all Wyoming home prices.
Other prices in Wyoming
Frequently asked questions
What is the mortgage on a $400K house in Wyoming?
About $2,538 a month with 20% down at 7.11%: $2,153 principal and interest, $185 property tax and $200 insurance.
How much do I need to make to buy a $400K house in Wyoming?
About $108,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $400K house in Wyoming?
At Wyoming's typical effective rate of 0.56%, about $2,224 a year. Rates vary by county and city — see the county pages.