Down Payment Calculator for Wisconsin

Down Payment Planning in Wisconsin

With a median home value of $260,000 in Wisconsin, here's what different down payment tiers look like:

• 3% (First-time buyer programs): $7,800
• 3.5% (FHA minimum): $9,100
• 10% (Avoid PMI with some lenders): $26,000
• 20% (Eliminate PMI entirely): $52,000

Conforming Loan Limits in Wisconsin

The conforming loan limit in Wisconsin is $726,200. All Wisconsin counties are at the standard conforming limit. If your loan exceeds this, you'll need jumbo financing, which typically requires a 20%+ down payment.

Closing Costs to Plan For

Beyond your down payment, budget for closing costs of around $2,800 in Wisconsin. Wisconsin has a very modest real estate transfer fee of $0.30/$100 of value. Overall closing costs are below national averages.

Property Tax Impact

Wisconsin's effective property tax rate is 1.51% (average annual bill: $3,472). A larger down payment reduces your monthly mortgage but property taxes remain constant regardless of how much you put down.

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