FHA Loan Calculator — Wisconsin
On the typical Wisconsin home ($340,000), 3.5% down leaves a $328,100 base loan. The 1.75% upfront premium ($5,742) is financed, for a $333,842 loan, and annual MIP of 0.55% adds $152 a month for the life of the loan. Wisconsin FHA limits run $541,287–$832,750 by county.
Wisconsin has the 10th-highest effective property tax rate of the 50 states at 1.32% — $1,394 more a year than the 0.91% state average on a $340,000 home. Homeowners insurance averages $1,812 a year, the 15th-lowest premium nationally and $908 less than the typical state.
Loan Parameters
Total Monthly Payment
$2,905
Principal & Interest + Taxes + Insurance
APR 7.761%
Total Interest
$468,160
Total Cost
$1,027,629
Advanced Parameters
FHA Mortgage Insurance Premium (MIP)
Annual MIP of 0.55% is billed monthly on the average balance of each loan year. With less than 10% down it lasts for the life of the loan; with 10% or more down it ends after 11 years. A 1.75% upfront premium is also added to the loan.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Full term
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | MIP | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $26,733 | $3,372 | $23,362 | $1,828 | $330,470 | $9,530 |
| Year 2 | $26,733 | $3,616 | $23,117 | $1,809 | $326,854 | $13,146 |
| Year 3 | $26,733 | $3,879 | $22,854 | $1,788 | $322,975 | $17,025 |
| Year 4 | $26,733 | $4,161 | $22,573 | $1,766 | $318,814 | $21,186 |
| Year 5 | $26,733 | $4,463 | $22,271 | $1,742 | $314,351 | $25,649 |
| Year 6 | $26,733 | $4,787 | $21,947 | $1,717 | $309,564 | $30,436 |
| Year 7 | $26,733 | $5,134 | $21,599 | $1,690 | $304,430 | $35,570 |
| Year 8 | $26,733 | $5,507 | $21,226 | $1,661 | $298,922 | $41,078 |
| Year 9 | $26,733 | $5,907 | $20,826 | $1,629 | $293,015 | $46,985 |
| Year 10 | $26,733 | $6,336 | $20,397 | $1,596 | $286,679 | $53,321 |
| Year 11 | $26,733 | $6,796 | $19,937 | $1,560 | $279,883 | $60,117 |
| Year 12 | $26,733 | $7,290 | $19,444 | $1,521 | $272,593 | $67,407 |
| Year 13 | $26,733 | $7,819 | $18,915 | $1,480 | $264,774 | $75,226 |
| Year 14 | $26,733 | $8,387 | $18,347 | $1,435 | $256,388 | $83,612 |
| Year 15 | $26,733 | $8,996 | $17,738 | $1,388 | $247,392 | $92,608 |
| Year 16 | $26,733 | $9,649 | $17,085 | $1,337 | $237,743 | $102,257 |
| Year 17 | $26,733 | $10,349 | $16,384 | $1,282 | $227,394 | $112,606 |
| Year 18 | $26,733 | $11,101 | $15,633 | $1,223 | $216,293 | $123,707 |
| Year 19 | $26,733 | $11,907 | $14,827 | $1,160 | $204,386 | $135,614 |
| Year 20 | $26,733 | $12,771 | $13,962 | $1,092 | $191,615 | $148,385 |
| Year 21 | $26,733 | $13,699 | $13,035 | $1,020 | $177,916 | $162,084 |
| Year 22 | $26,733 | $14,693 | $12,040 | $942 | $163,223 | $176,777 |
| Year 23 | $26,733 | $15,760 | $10,973 | $858 | $147,462 | $192,538 |
| Year 24 | $26,733 | $16,905 | $9,829 | $769 | $130,558 | $209,442 |
| Year 25 | $26,733 | $18,132 | $8,601 | $673 | $112,426 | $227,574 |
| Year 26 | $26,733 | $19,449 | $7,285 | $570 | $92,977 | $247,023 |
| Year 27 | $26,733 | $20,861 | $5,873 | $459 | $72,116 | $267,884 |
| Year 28 | $26,733 | $22,376 | $4,358 | $341 | $49,740 | $290,260 |
| Year 29 | $26,733 | $24,000 | $2,733 | $214 | $25,740 | $314,260 |
| Year 30 | $26,731 | $25,740 | $991 | $78 | $0 | $340,000 |
FHA Loan numbers for Wisconsin
- Typical Wisconsin home value
- $340,000
- 3.5% down ($11,900) · Zillow, August 31, 2026
- Loan amount
- $333,842
- Includes $5,742 financed UFMIP
- Estimated monthly payment
- $2,905
- APR 7.761%
- Wisconsin property tax
- 1.32%
- $374/mo
- Homeowners insurance
- $1,812/yr
- $151/mo
- Upfront MIP (1.75%)
- $5,742
- Financed into the loan
- Annual MIP
- 0.55%
- $152/mo in year 1 · life of loan
- Wisconsin FHA loan limit
- $541,287 – $832,750
- One-unit, by county
How much house can you afford in Wisconsin with an fha loan?
Highest price where principal, interest, Wisconsin property tax, insurance and FHA mortgage insurance (1.75% upfront premium financed, 0.55% annual MIP) stay within 28% of gross income —3.5% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $40,000 | $933 | $96,000 | $3,360 | 28% |
| $50,000 | $1,167 | $125,000 | $4,375 | 37% |
| $60,000 | $1,400 | $154,000 | $5,390 | 45% |
| $75,000 | $1,750 | $197,000 | $6,895 | 58% |
| $100,000 | $2,333 | $269,000 | $9,415 | 79% |
| $125,000 | $2,917 | $341,000 | $11,935 | 100% |
| $150,000 | $3,500 | $413,000 | $14,455 | 122% |
FHA vs other loan types in Wisconsin
$340,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $34,000 | $306,000 | — | $184 PMI | $2,751 | 7.488% |
| FHA | 3.5% · $11,900 | $333,842 | UFMIP $5,742 | $152 MIP | $2,905 | 7.761% |
| VA | 0% · $0 | $347,310 | Funding fee $7,310 | $0 | $2,843 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $68,000 | $272,000 | — | $0 | $2,340 | 7.030% |
Frequently asked questions
What is the monthly payment on a $340,000 home with an fha loan in Wisconsin?
Estimated $2,905 per month ($2,228 principal & interest, $374 property tax, $151 insurance, $152 FHA mortgage insurance) at 7.03% for 30 years, with 3.5% down. APR 7.761%.
What is the FHA loan limit in Wisconsin for 2026?
Between $541,287 and $832,750 depending on the county for a one-unit home. $541,287 is the national FHA floor; counties with higher home prices get higher limits. Check your exact county on HUD's FHA mortgage limits lookup.
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Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- HUD Mortgagee Letter 2023-05 (annual MIP schedule)
- HUD — FHA single family housing policy handbook 4000.1
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.