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Wisconsin mortgage calculator

Pre-filled for Wisconsin: the median home value ($295,000) and the state's effective property tax rate of 1.25%. Change anything to match your home.

Home price
Down payment$59,000
%
Interest rateAPR, fixed
%
Loan term
Extra monthly paymenttoward principal
/ mo

Estimated monthly payment

$1,948.97

Loan $236,000 · 20% down

  • Principal & interest$1,491.68
  • Property tax$307.29
  • Home insurance$150.00
See the month-by-month schedule →
Total interest
$301,005
Total cost
$701,630
Payoff time
30 yr
PMI paid
None

Principal vs. interest by year

1: Principal 2,638, Interest 15,26212: Principal 2,814, Interest 15,0863: Principal 3,003, Interest 14,8974: Principal 3,204, Interest 14,69645: Principal 3,419, Interest 14,4816: Principal 3,648, Interest 14,2537: Principal 3,892, Interest 14,0088: Principal 4,153, Interest 13,74889: Principal 4,431, Interest 13,46910: Principal 4,727, Interest 13,17311: Principal 5,044, Interest 12,85612: Principal 5,382, Interest 12,5181213: Principal 5,742, Interest 12,15814: Principal 6,127, Interest 11,77315: Principal 6,537, Interest 11,36316: Principal 6,975, Interest 10,9251617: Principal 7,442, Interest 10,45818: Principal 7,940, Interest 9,96019: Principal 8,472, Interest 9,42820: Principal 9,040, Interest 8,8602021: Principal 9,645, Interest 8,25522: Principal 10,291, Interest 7,60923: Principal 10,980, Interest 6,92024: Principal 11,716, Interest 6,1852425: Principal 12,500, Interest 5,40026: Principal 13,337, Interest 4,56327: Principal 14,231, Interest 3,67028: Principal 15,184, Interest 2,7172829: Principal 16,201, Interest 1,70030: Principal 17,286, Interest 61530
PrincipalInterest

Amortization schedule by year

YearPrincipalInterestBalance
1$2,638$15,262$233,362
2$2,814$15,086$230,548
3$3,003$14,897$227,545
4$3,204$14,696$224,341
5$3,419$14,481$220,922
Monthly payment$1,948.97

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Wisconsin at a glance

Effective property tax
1.25%
Rank (1 = highest)
11th of 51
Median home value
$294,700
Median tax bill
$3,680/yr

On the same $400,000 home, property tax in Wisconsin adds about $416.67/month, versus $296.67/month at the national rate.

Wisconsin mortgage payments by home price

Home pricePrincipal & interestProperty taxTotal / month
$150,000$758.48$156.25$1,064.73
$225,000$1,137.72$234.38$1,522.10
$300,000$1,516.96$312.50$1,979.46
$450,000$2,275.44$468.75$2,894.19
$600,000$3,033.93$625.00$3,808.93

20% down, 6.5% 30-year fixed (example rate), 1.25% property tax, $1,800/yr insurance, no HOA. Also see: how much house you can afford in Wisconsin.

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.
  • Wisconsin 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 Wisconsin?+

The effective property tax rate in Wisconsin is about 1.25% of home value a year (median taxes paid $3,680 on a median home worth $294,700). That's the 11th 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 Wisconsin?+

For a $295,000 home with 20% down at an example 6.5% 30-year rate, the payment is about $1,948.97 a month, including $307.29 of property tax and $150.00 of insurance.

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

To afford the median Wisconsin home ($295,000) under the 28/36 guideline with 10% down and no other debts, you'd need roughly $97,000 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.