Wisconsin Mortgage Calculator 2026 — Monthly Payment Estimator
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
The average monthly mortgage payment in Wisconsin is $1,651 for a $280K home with 10% down at the current 6.85% 30-year rate (principal + interest only). Add $404/mo property tax and $117/mo insurance for total PITI.
Wisconsin Housing & Mortgage Data
| Median Home Price | $280,000 |
| 30-Year Fixed Rate | 6.85%(State average, Apr 2026) |
| Property Tax Rate | 1.73%(Effective rate) |
| Avg HO Insurance | $1,400/yr ($117/mo) |
| Typical Down Payment | 10% ($28,000) |
| Median Household Income | $66,000/yr |
| Principal + Interest (P&I) | $1,651/mo |
| Property Tax (escrow) | $404/mo |
| Homeowners Insurance | $117/mo |
| Total PITI Payment | $2,172/mo(Excludes PMI) |
Key Facts for Wisconsin
- ✓Wisconsin median home price is $280,000 as of 2026
- ✓30-year fixed mortgage rates in Wisconsin average 6.85%
- ✓Property taxes in Wisconsin are 1.73% — above the national average of 1.10%
- ✓Homeowners insurance averages $1,400/year in Wisconsin
- ✓A household earning $70,000/year can typically afford the median Wisconsin home
More Wisconsin Calculators
Frequently Asked Questions — Mortgage Calculator in Wisconsin
- What is the average mortgage payment in Wisconsin?
- The average monthly mortgage payment (principal + interest) in Wisconsin is approximately $1,651 for a $252,000 loan at 6.85% over 30 years. Adding property tax ($404/mo) and homeowners insurance ($117/mo) brings total PITI to about $2,171/month.
- What credit score do I need for a mortgage in Wisconsin?
- Most Wisconsin lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Wisconsin, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $37,800 over the life of a 30-year loan.
- How much down payment is required to buy a home in Wisconsin?
- You can buy a home in Wisconsin with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Wisconsin median home price of $280,000, a 20% down payment is $56,000 and lets you avoid PMI. Wisconsin also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Wisconsin?
- Current 30-year fixed mortgage rates in Wisconsin average 6.85% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Wisconsin mortgage rate.
- What is the property tax rate in Wisconsin?
- Wisconsin's effective property tax rate is 1.73%. On the Wisconsin median home value of $280,000, annual property taxes are approximately $4,844 ($404/month). Property taxes in Wisconsin are typically escrowed in your monthly mortgage payment.