Cost of Ownership · Wisconsin
The true cost of owning a home in Wisconsin
For a median $266,500 home in Wisconsin, 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.
Lender-approved payment
$2,024/mo
PITI + PMI
True monthly cost
$2,246/mo
everything, incl. upkeep
The gap
+$222/mo
what approval leaves out
Effective property-tax rate
1.42%
Avg. homeowners premium
$957/yr
NFIP flood claims on record
9,498
Closing costs in Wisconsin
Median closing costs and lender origination charges on real home-purchase loans in Wisconsin, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.
Median total closing costs
$3,451
Typically $2,653–$5,196
Median origination charges
$1,295
Typically $695–$2,948
| Loan size | p25 | Median | p75 | Loans |
|---|---|---|---|---|
| All | $2,653 | $3,451 | $5,196 | 52,437 |
| All | $2,464 | $3,277 | $5,481 | 47,705 |
| < $250k | $2,460 | $3,166 | $4,651 | 22,108 |
| < $250k | $2,338 | $3,086 | $4,982 | 24,868 |
| $250k–$500k | $2,804 | $3,619 | $5,796 | 24,676 |
| $250k–$500k | $2,629 | $3,502 | $6,477 | 18,993 |
| $500k–$750k | $2,624 | $3,456 | $5,461 | 3,027 |
| $500k–$750k | $2,849 | $3,810 | $5,324 | 4,268 |
| > $750k | $2,998 | $4,119 | $5,629 | 1,385 |
| > $750k | $2,823 | $3,686 | $5,214 | 817 |
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 Wisconsin
- What are the median closing costs in Wisconsin?
- Median total closing costs — lender and third-party charges — on a home-purchase loan in Wisconsin are about $3,451, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
- What is the effective property-tax rate in Wisconsin?
- The effective property-tax rate in Wisconsin is about 1.42%, 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 Wisconsin?
- A median $266,500 home in Wisconsin costs about $2,246 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $2,024. Every figure is from public data.
These figures use Wisconsin'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 Wisconsin ranks on property tax and insurance, or browse every state.