Wisconsin Mortgage Calculator
Estimate your monthly mortgage payment in Wisconsin. On the state's median home value of $285,000, with a 20% down payment at today's rates, expect a total monthly payment (principal, interest, taxes, and insurance) around $1,972. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$1,441
- Property Tax$439
- Home Insurance$92
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $17,293 | $2,548 | $14,745 | $225,452 |
| 2 | $17,293 | $2,719 | $14,574 | $222,732 |
| 3 | $17,293 | $2,901 | $14,392 | $219,831 |
| 4 | $17,293 | $3,095 | $14,198 | $216,736 |
| 5 | $17,293 | $3,303 | $13,991 | $213,433 |
| 6 | $17,293 | $3,524 | $13,769 | $209,909 |
| 7 | $17,293 | $3,760 | $13,533 | $206,149 |
| 8 | $17,293 | $4,012 | $13,282 | $202,137 |
| 9 | $17,293 | $4,280 | $13,013 | $197,857 |
| 10 | $17,293 | $4,567 | $12,726 | $193,290 |
| 11 | $17,293 | $4,873 | $12,420 | $188,417 |
| 12 | $17,293 | $5,199 | $12,094 | $183,217 |
| 13 | $17,293 | $5,548 | $11,746 | $177,670 |
| 14 | $17,293 | $5,919 | $11,374 | $171,750 |
| 15 | $17,293 | $6,316 | $10,978 | $165,435 |
| 16 | $17,293 | $6,739 | $10,555 | $158,696 |
| 17 | $17,293 | $7,190 | $10,104 | $151,507 |
| 18 | $17,293 | $7,671 | $9,622 | $143,835 |
| 19 | $17,293 | $8,185 | $9,108 | $135,650 |
| 20 | $17,293 | $8,733 | $8,560 | $126,917 |
| 21 | $17,293 | $9,318 | $7,975 | $117,599 |
| 22 | $17,293 | $9,942 | $7,351 | $107,657 |
| 23 | $17,293 | $10,608 | $6,685 | $97,048 |
| 24 | $17,293 | $11,318 | $5,975 | $85,730 |
| 25 | $17,293 | $12,077 | $5,217 | $73,653 |
| 26 | $17,293 | $12,885 | $4,408 | $60,768 |
| 27 | $17,293 | $13,748 | $3,545 | $47,020 |
| 28 | $17,293 | $14,669 | $2,624 | $32,351 |
| 29 | $17,293 | $15,651 | $1,642 | $16,700 |
| 30 | $17,293 | $16,700 | $594 | $0 |
Swipe the table sideways to see all columns →
How to use it
A two-minute guide.
The Home Price field is pre-filled with Wisconsin's median home value (about $285,000). Override with your target home's actual price for a property-specific estimate.
The Property Tax Rate is pre-filled with Wisconsin's average effective rate of 1.85%. Within Wisconsin, rates vary by county — if you know your specific local rate from your county assessor or last tax bill, override it for a more precise estimate.
The Home Insurance default reflects Wisconsin's typical annual premium of approximately $1,100.
Adjust the Down Payment slider to compare scenarios. Below 20% down triggers PMI; the calculator adds it automatically and flags it.
How it works
The math behind the result.
The Wisconsin median home, in dollar terms. At $285,000 with a 20% down payment, you bring $57,000 to closing (plus closing costs) and take out a $228,000 mortgage. At today's 6.50% 30-year fixed rate, your monthly principal and interest is roughly $1,441.
Wisconsin's ongoing housing costs. The state's average property tax rate of 1.85% produces about $5,273 per year on a median-priced home — typically paid through escrow with your mortgage. Insurance averages $1,100/year in Wisconsin.
Total monthly payment (PITI) on the median Wisconsin home works out to about $1,972/month at current rates with 20% down and no HOA. Putting less down adds PMI; HOA dues add separately if your specific neighborhood requires them.
Your specific city matters. Median home prices vary widely within Wisconsin — major cities are usually 30-100% above the state median, rural areas can be well below. For city-specific calculators with local home prices pre-filled, use the city links below.
Questions
Frequently asked.
Want a more local estimate? See our city-specific Wisconsin mortgage calculators or check Wisconsin property tax rates.
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