CALCMONEY // MORTGAGE // NE
Calculate your monthly mortgage payment using Nebraska-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$250,000
6.95%
1.73%
2.46%–5.84%
How today's 6.95% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.95% | — |
| 2024 avg | 7.37% | -0.42% |
| 2023 avg | 7.80% | -0.85% |
| 2022 peak | 7.63% | -0.68% |
| 2021 avg | 3.55% | +3.40% |
| 2020 avg | 3.35% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Nebraska market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,324 |
| Property Tax | $360 |
| Homeowners Insurance (est.) | $83 |
| Total Monthly Payment (PITI) | $1,768 |
$50,000
$276,602
$75,756/yr
The median home price in Nebraska is $250,000, below the national median of $420,000. With a median household income of $66,600, the price-to-income ratio is 3.8x.
Property taxes in Nebraska average 1.73% of assessed value. On the median home, that is $4,325 per year, or $360 per month added to your mortgage payment. This is significantly above the national average of 1.1%, making property taxes a major factor in your total housing cost.
Nebraska has a state income tax of 2.46%–5.84%. Factor this into your take-home pay when calculating how much mortgage you can afford.
The cost of living index in Nebraska is 90 (national average = 100). Beyond housing, your everyday expenses will also be below the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $200,000 loan saves $9,000 in interest over 30 years.
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