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Kansas mortgage calculator

The median home in Kansas runs about $230,000. With 20% down that's a loan near $184,000 — the calculator is pre-filled with that figure. Kansas has affordable home prices but an above-average property tax rate, and its position in Tornado Alley makes homeowners insurance one of the priciest in the nation relative to home value.

$1,194.64 / month

Total interest
$246,075
Total paid
$430,075
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$46k$92k$138k$184k0612182430Year

How it works

A full Kansas payment is more than principal and interest. At the state's 1.34% effective property tax rate, a $230,000 home owes about $3,082 a year in tax, and homeowners insurance averages roughly $3,400 a year here. Together those add about $540 to the monthly payment before any HOA dues or PMI.

Kansas's median household income is about $73,000, or $6,083 a month. Lenders generally want the full housing payment under about 28% of that — roughly $1,703 — which is why a median-priced home is comfortable in some metros and a stretch in others. Homes in Kansas sell in about 35 days on average.

Frequently asked questions

What is a typical mortgage payment in Kansas?
On the state's roughly $230,000 median home with 20% down, the loan is about $184,000. Principal and interest depend on your rate; on top of that, Kansas's 1.34% effective property tax rate and about $3,400 a year in homeowners insurance add roughly $540 per month to the payment.
How much are property taxes on a home in Kansas?
Kansas's effective property tax rate averages about 1.34% of market value — roughly $3,082 a year on the $230,000 median home. Your county sets the actual rate and may assess below market value.
Is homeowners insurance expensive in Kansas?
The average Kansas homeowners policy runs about $3,400 a year. Kansas has affordable home prices but an above-average property tax rate, and its position in Tornado Alley makes homeowners insurance one of the priciest in the nation relative to home value.
Can I afford a home in Kansas on the median income?
Kansas's median household income is about $73,000 a year, or $6,083 a month. Lenders generally want the full housing payment under about 28% of that — roughly $1,703 — so a median-priced home is a stretch in the pricier metros.
How fast do homes sell in Kansas?
A for-sale home in Kansas spends about 35 days on the market on average, though this varies widely by metro and season.

Learn more: Understanding your mortgage payment

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