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Appleton, WI mortgage & affordability calculator

The typical home in Appleton, WI is worth about $275,000. With 20% down that's a loan near $220,000 — the calculator is pre-filled with that figure. The Fox Cities' paper-manufacturing heritage has given way to a more diversified economy anchored by insurance and healthcare employers, and home prices have climbed steadily as Milwaukee-area buyers look north for more space. Wisconsin's above-average property tax rate and a state lottery credit both apply here as they do statewide.

$1,428.38 / month

Total interest
$294,215
Total paid
$514,215
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$55k$110k$165k$220k0612182430Year

How much you need to earn

Appleton, WI's median household income is about $74,000 a year. Under standard 28/36 lending rules that supports a home price around $244,253 with 20% down — below the $275,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$244,255 max home price

Max loan amount
$189,255
Housing payment budget
$1,727
P&I budget
$1,229
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Appleton, WI is about $1,300 a month, so owning the median home costs roughly $626 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Appleton, WI?
On the metro's roughly $275,000 typical home with 20% down, the loan is about $220,000. Principal and interest run near $1,428 a month at today's rate, and Appleton, WI's property tax plus insurance add about $498, for a full payment near $1,926.
Can I afford a home in Appleton, WI on the median income?
The median household income is about $74,000 a year. Under standard 28/36 lending rules that supports a home price around $244,253 with 20% down — below the $275,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Appleton, WI?
Typical asking rent is about $1,300 a month. The full owner payment on a median home is near $1,926, so owning costs roughly $626 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Appleton, WI?
The effective property tax rate in the core county is about 1.70% of market value — roughly $4,675 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Appleton, WI rising or falling?
Home values are up about 5% over the past year. The Fox Cities' paper-manufacturing heritage has given way to a more diversified economy anchored by insurance and healthcare employers, and home prices have climbed steadily as Milwaukee-area buyers look north for more space. Wisconsin's above-average property tax rate and a state lottery credit both apply here as they do statewide.

Nearby metros

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