Calculate Your Wisconsin Mortgage Payment
Our calculator is pre-filled with Wisconsin's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with WI DefaultsMonthly Payment Breakdown for Wisconsin
Here's what your monthly payment looks like on the median Wisconsin home ($339,699) with 20% down at 7.28%, the current average 30-year rate:
Note: This estimate assumes 20% down payment ($67,940), no PMI. With less than 20% down, add $113-$226/month for PMI.
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Wisconsin Property Taxes
Wisconsin's effective property tax rate is 1.25%, which is above the national average of 0.89%. See how property taxes are calculated and how they compare across states.
Annual Property Tax on $339,699 Home
$4,246
($354/month escrowed)
Buying a Home in Wisconsin: Key Facts
- Property tax rate of 1.25% is significantly above national average
- First Dollar Credit reduces school taxes for all homeowners
- WHEDA Easy Close provides up to 6% assistance
- Madison and Milwaukee metros drive majority of sales
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Wisconsin First-Time Homebuyer Programs
Wisconsin has 42 homebuyer assistance programs that can help with down payment and closing costs.
WHEDA Easy Close DPA
Up to 6% of loan as down payment assistance
Deferred LoanWHEDA Capital Access
Flexible underwriting for self-employed buyers
Low-Interest MortgageWHEDA Tax Advantage
Up to $2,000 annual federal tax credit on interest
Tax CreditEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in Wisconsin
Home prices and property taxes can vary significantly by city. The median home value of $339,699 is a statewide estimate.
Wisconsin Mortgage FAQ
What is the property tax rate in Wisconsin?
The average effective property tax rate in Wisconsin is 1.25%. On a $339,699 home, that's approximately $4,246 per year or $354 per month added to your mortgage payment.
What is the median home value in Wisconsin?
The median home value in Wisconsin is $339,699 as of 2026-08-01. Prices vary by location - Milwaukee and Madison typically have higher prices than rural areas.
Are there first-time homebuyer programs in Wisconsin?
Yes, Wisconsin has 42 homebuyer assistance programs. Popular options include WHEDA Easy Close DPA, which offers up to 6% of loan as down payment assistance.
How much do I need to buy a house in Wisconsin?
For the median Wisconsin home ($339,699), you'd need $67,940 for a 20% down payment, plus $10,191-$16,985 for closing costs. With down payment assistance, you could potentially buy with as little as $11,889 (3.5% FHA down payment).
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Use our free mortgage calculator with Wisconsin property taxes pre-filled.
Calculate Your WI Mortgage Payment