Cost of Ownership · Nebraska

The true cost of owning a home in Nebraska

For a median $238,600 home in Nebraska, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.

As of Jul 8, 2026Methodology true-cost-v3

Lender-approved payment

$1,910/mo

PITI + PMI

True monthly cost

$2,108/mo

everything, incl. upkeep

The gap

+$199/mo

what approval leaves out

Principal & interest$1,369/mo
Property tax$296/mo
Homeowners insurance$156/mo
PMI (LTV > 80%)$89/mo
Maintenance reserve$199/mo
True monthly cost$2,108/mo

Effective property-tax rate

1.49%

Avg. homeowners premium

$1,869/yr

NFIP flood claims on record

6,067

Closing costs in Nebraska

Median closing costs and lender origination charges on real home-purchase loans in Nebraska, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.

Median total closing costs

$3,510

Typically $2,735–$6,284

Median origination charges

$1,395

Typically $990–$2,610

Loan sizep25Medianp75Loans
All$2,735$3,510$6,28417,868
All$2,584$3,488$6,26317,036
< $250k$2,659$3,318$5,3228,332
< $250k$2,488$3,197$5,2958,813
$250k–$500k$2,802$3,717$7,6848,325
$250k–$500k$2,693$3,918$7,8477,129
$500k–$750k$2,982$3,961$8,049905
$500k–$750k$2,984$3,738$6,908950
> $750k$3,311$4,391$6,703261
> $750k$3,510$4,695$7,901189

Compare your own Loan Estimate with the Loan Estimate Decoder, or see every state in the Fee & Rate Index.

Common questions about buying a home in Nebraska

What are the median closing costs in Nebraska?
Median total closing costs — lender and third-party charges — on a home-purchase loan in Nebraska are about $3,510, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
What is the effective property-tax rate in Nebraska?
The effective property-tax rate in Nebraska is about 1.49%, from the Census American Community Survey (median real estate taxes divided by median home value).
What does a median home cost to own each month in Nebraska?
A median $238,600 home in Nebraska costs about $2,108 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $1,910. Every figure is from public data.

These figures use Nebraska's median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how Nebraska ranks on property tax and insurance, or browse every state.