Mortgage on a $450K house in Wisconsin
$3,098 a month with 20% down — $2,422 principal and interest plus $451 property tax and $225 insurance.
Wisconsin's typical property tax is 1.2% of the home's value a year (U.S. average 0.9%), which adds $451 a month on a $450K home. The typical home in Wisconsin is worth $337,196, so $450K is 33% above the typical price.
$450K home in Wisconsin: 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 | $676 | $3,098 | $132,800 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $676 | $3,570 | $153,000 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $676 | $3,730 | $159,900 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $676 | $3,848 | $164,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.2% 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 Wisconsin 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 |
|---|---|---|---|
| Door County | $437,959 | 1.02% | $3,028 |
| Dane County | $467,783 | 1.63% | $3,257 |
| Washington County | $427,931 | 1.1% | $3,060 |
| Saint Croix County | $415,702 | 1.17% | $3,086 |
| Vilas County | $408,356 | 0.73% | $2,921 |
| Walworth County | $405,546 | 1.33% | $3,147 |
| Waukesha County | $502,911 | 1.14% | $3,076 |
| Ozaukee County | $508,113 | 1.19% | $3,092 |
69 of 72 Wisconsin counties tracked by Zillow have a typical home value at or below $450K. See all Wisconsin home prices.
Other prices in Wisconsin
Frequently asked questions
What is the mortgage on a $450K house in Wisconsin?
About $3,098 a month with 20% down at 7.11%: $2,422 principal and interest, $451 property tax and $225 insurance.
How much do I need to make to buy a $450K house in Wisconsin?
About $132,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in Wisconsin?
At Wisconsin's typical effective rate of 1.2%, about $5,417 a year. Rates vary by county and city — see the county pages.