Can I Afford a $100K Home in Wyoming?
Complete mortgage breakdown for a $100,000 home in Wyoming, including monthly payments, property taxes, insurance, and the salary you need to qualify.
Estimated Monthly Payment (20% down)
$688/mo
P&I: $526 + Tax: $46 + Insurance: $117
Monthly Payment by Down Payment
| Down Payment | Amount | Monthly | Income Needed |
|---|---|---|---|
| 3% | $3,000 | $840 | $36,006 |
| 5% | $5,000 | $826 | $35,407 |
| 10% | $10,000 | $791 | $33,910 |
| 20% | $20,000 | $688 | $29,488 |
Monthly Cost Breakdown (Wyoming)
Principal & Interest
$526/mo
Property Tax (0.55%)
$46/mo
Homeowners Insurance
$117/mo
Total Interest (30-yr)
$109,195
Affordability Rules of Thumb
28% Rule (Housing)
$29,488/yr
Minimum gross income
36% Rule (All Debt)
$22,935/yr
If no other debt
3Ã Income Rule
$33,333/yr
Conservative target
Buying a $100K Home in Wyoming
A $100,000 home in Wyoming is at or below the national median home price. With a 20% down payment of $20,000, your estimated monthly payment of $688 is achievable on a salary of $29,488 or more. Wyoming's property tax rate of 0.55% is relatively low, helping keep costs down.
These estimates assume a 6.875% 30-year fixed mortgage rate. Use our mortgage calculator for custom scenarios, or check what salary you can afford in Wyoming.