Mortgage on a $450K house in Nebraska
$3,139 a month with 20% down — $2,422 principal and interest plus $492 property tax and $225 insurance.
Nebraska's typical property tax is 1.31% of the home's value a year (U.S. average 0.9%), which adds $492 a month on a $450K home. The typical home in Nebraska is worth $278,299, so $450K is 62% above the typical price.
$450K home in Nebraska: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,000 | $360,000 | $2,422 | $0 | $717 | $3,139 | $134,500 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $717 | $3,610 | $154,700 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $717 | $3,771 | $161,600 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $717 | $3,889 | $166,700 |
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 $450K buy a typical home?
In these counties the typical home value is within 15% of $450K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Washington County | $396,936 | 1.39% | $3,169 |
89 of 89 Nebraska counties tracked by Zillow have a typical home value at or below $450K. See all Nebraska home prices.
Other prices in Nebraska
Frequently asked questions
What is the mortgage on a $450K house in Nebraska?
About $3,139 a month with 20% down at 7.11%: $2,422 principal and interest, $492 property tax and $225 insurance.
How much do I need to make to buy a $450K house in Nebraska?
About $134,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in Nebraska?
At Nebraska's typical effective rate of 1.31%, about $5,907 a year. Rates vary by county and city — see the county pages.