Wisconsin Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in Wisconsin (WI). The median home price in Wisconsin is $247,400, with an effective property tax rate of 1.51% (ranked #8 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real Wisconsin data.

Wisconsin Property Tax Information

Wisconsin has an effective property tax rate of 1.51%, ranking #8 among all 50 states. The median annual property tax is $3,746 ($312/month). Source: Tax Foundation 2025.

Wisconsin Loan Limits 2026

FHA loan limit in Wisconsin: $524,225 (floor) to $524,225 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $806,500 (ceiling).

Estimated Monthly Payment in Wisconsin

For a median-priced home of $247,400 with 20% down ($49,480), at 6.5% interest over 30 years: estimated monthly principal and interest is $1,251, plus $312 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $1,688/month.

Wisconsin Closing Costs

Average closing costs in Wisconsin are $2,741 (0.76% of purchase price), ranked #39 nationally. Wisconsin charges a transfer tax on real estate transactions. Source: Bankrate/LodeStar 2025.

Wisconsin Housing Market 2026

Home prices in Wisconsin have increased 5.2% year-over-year. Average days on market: 28. Inventory level: low. Currently considered a seller's market.

Down Payment Assistance Programs in Wisconsin

Wisconsin offers 3 down payment assistance programs through Wisconsin Housing and Economic Development Authority (WHEDA):

  • WHEDA Capital Access (second mortgage): 0% interest, deferred payment for down payment and closing costs. - Up to Up to 6% of purchase price
  • WHEDA Easy Close Advantage (grant): Grant for closing costs. No repayment required. - Up to Up to $3,500
  • First-Time Home Buyer Advantage (second mortgage): Below-market first mortgage rates with DPA options. - Up to Competitive rates + DPA

Contact WHEDA: https://www.wheda.com | Phone: 608-266-7884

Did You Know About Wisconsin?

  • Wisconsin has the 8th highest property tax rate in the nation
  • Transfer fee is $3 per $1,000 of value
  • Milwaukee and Madison are most competitive markets
  • Many smaller cities offer excellent affordability

Frequently Asked Questions About Buying a Home in Wisconsin

What is the average property tax rate in Wisconsin?

The effective property tax rate in Wisconsin is 1.51%, with a median annual tax of $3,746. This ranks #8 among all states.

What are the FHA loan limits in Wisconsin for 2026?

The FHA loan floor in Wisconsin is $524,225 and the ceiling is $524,225 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in Wisconsin?

Average closing costs in Wisconsin are $2,741, which is approximately 0.76% of the purchase price.

Are there first-time homebuyer programs in Wisconsin?

Yes, Wisconsin offers 3 down payment assistance programs through Wisconsin Housing and Economic Development Authority, including grants, forgivable loans, and second mortgages.

Is Wisconsin a good place to buy a home in 2026?

With a median home price of $247,400 and low inventory, Wisconsin is currently a seller's market. Home prices have increased 5.2% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.