Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Wisconsin mortgage costs
What a typical Wisconsin (WI) purchase actually costs each month once property tax, insurance and PMI are included — and how to model your own numbers.
| Median home price | $300,000 |
|---|---|
| 10% down payment | $30,000 |
| Loan amount | $270,000 |
| Principal & interest (30yr @ 6.75%) | $1,751/mo |
| Property tax (1.53%) | $383/mo |
| Homeowners insurance | $125/mo |
| PMI (until 20% equity) | $113/mo |
| Estimated total monthly | $2,371/mo |
Illustrative only, at a 6.75% sample rate with 10% down. Your rate, tax assessment and insurance premium will differ.
What makes Wisconsin different
High property tax with cheap insurance — the tax line is the one to verify with the local assessor before closing.
A top state income tax rate of 7.65% makes mortgage interest and property tax deductions worth more here than in a no-income-tax state — though the $10,000 SALT cap limits how much of the $4,590 annual property tax bill actually reduces what you owe.
Property tax is the line that shapes a Wisconsin budget. The 1.53% effective rate is the 10th highest in the country, adding $383 a month on a median $300,000 home — $4,590 a year that never amortises away and rises with assessed value long after the loan is paid off.
Insurance is comparatively mild: $1,500 a year is the 12th lowest in the country, or $125 a month against $383 of property tax.
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