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Nebraska mortgage calculator

Pre-filled for Nebraska: the median home value ($265,000) and the state's effective property tax rate of 1.42%. Change anything to match your home.

Home price
Down payment$53,000
%
Interest rateAPR, fixed
%
Loan term
Extra monthly paymenttoward principal
/ mo

Estimated monthly payment

$1,803.56

Loan $212,000 · 20% down

  • Principal & interest$1,339.98
  • Property tax$313.58
  • Home insurance$150.00
See the month-by-month schedule →
Total interest
$270,397
Total cost
$649,286
Payoff time
30 yr
PMI paid
None

Principal vs. interest by year

1: Principal 2,370, Interest 13,71012: Principal 2,528, Interest 13,5523: Principal 2,698, Interest 13,3824: Principal 2,878, Interest 13,20245: Principal 3,071, Interest 13,0096: Principal 3,277, Interest 12,8037: Principal 3,496, Interest 12,5848: Principal 3,730, Interest 12,35089: Principal 3,980, Interest 12,10010: Principal 4,247, Interest 11,83311: Principal 4,531, Interest 11,54912: Principal 4,834, Interest 11,2451213: Principal 5,158, Interest 10,92214: Principal 5,504, Interest 10,57615: Principal 5,872, Interest 10,20816: Principal 6,266, Interest 9,8141617: Principal 6,685, Interest 9,39518: Principal 7,133, Interest 8,94719: Principal 7,611, Interest 8,46920: Principal 8,120, Interest 7,9602021: Principal 8,664, Interest 7,41622: Principal 9,244, Interest 6,83523: Principal 9,863, Interest 6,21624: Principal 10,524, Interest 5,5562425: Principal 11,229, Interest 4,85126: Principal 11,981, Interest 4,09927: Principal 12,783, Interest 3,29728: Principal 13,639, Interest 2,4402829: Principal 14,553, Interest 1,52730: Principal 15,532, Interest 55230
PrincipalInterest

Amortization schedule by year

YearPrincipalInterestBalance
1$2,370$13,710$209,630
2$2,528$13,552$207,102
3$2,698$13,382$204,405
4$2,878$13,202$201,527
5$3,071$13,009$198,456
Monthly payment$1,803.56

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Nebraska at a glance

Effective property tax
1.42%
Rank (1 = highest)
7th of 51
Median home value
$263,100
Median tax bill
$3,739/yr

On the same $400,000 home, property tax in Nebraska adds about $473.33/month, versus $296.67/month at the national rate.

Nebraska mortgage payments by home price

Home pricePrincipal & interestProperty taxTotal / month
$125,000$632.07$147.92$929.99
$200,000$1,011.31$236.67$1,397.98
$275,000$1,390.55$325.42$1,865.97
$400,000$2,022.62$473.33$2,645.95
$525,000$2,654.69$621.25$3,425.94

20% down, 6.5% 30-year fixed (example rate), 1.42% property tax, $1,800/yr insurance, no HOA. Also see: how much house you can afford in Nebraska.

Mortgage calculators for other states

Assumptions

  • Fixed interest rate for the full term.
  • Property tax, insurance and HOA stay constant (in reality they usually rise over time).
  • PMI applies only when the loan is over 80% of the home price, and stops once the balance reaches 78% of the original price.
  • Extra payments go entirely to principal.
  • Nebraska figures: Effective rate = ACS median real estate taxes paid ÷ ACS median value, owner-occupied housing units, by state. Source: US Census Bureau ACS 2024.

Frequently asked questions

What is the property tax rate in Nebraska?+

The effective property tax rate in Nebraska is about 1.42% of home value a year (median taxes paid $3,739 on a median home worth $263,100). That's the 7th highest of 50 states and DC, and higher than the national 0.89%. Your actual bill depends on your county, city and exemptions.

What's the mortgage payment on a median-priced home in Nebraska?+

For a $265,000 home with 20% down at an example 6.5% 30-year rate, the payment is about $1,803.56 a month, including $313.58 of property tax and $150.00 of insurance.

How much income do I need to buy a home in Nebraska?+

To afford the median Nebraska home ($265,000) under the 28/36 guideline with 10% down and no other debts, you'd need roughly $89,000 a year in gross income at a 6.5% rate.

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Last reviewed October 14, 2026. Calculator version 1.0.0. Sources: US Census Bureau, ACS 2024 1-year, Table B25103 (Median Real Estate Taxes Paid) · US Census Bureau, ACS 2024 1-year, Table B25077 (Median Value, Owner-Occupied). Results are estimates for educational purposes, not financial, tax or lending advice. How we check our numbers.