Home / Omaha, NE
Mortgage Calculator — Omaha, NE
Median home price in Omaha: $260,000. Monthly payment: $1,384/month (20% down, 7%, 30yr). Property tax rate: 1.73%.
= $52,000
Monthly Payment
$1,384
Loan Amount
$208,000
Total Interest
$290,179
Total Cost
$550,179
Payment Breakdown
Down Payment$52,000 (9.5%)
Principal$208,000 (37.8%)
Total Interest$290,179 (52.7%)
Omaha Mortgage Payments by Rate
| Rate | 15-Year | 30-Year | Total Interest (30yr) |
|---|---|---|---|
| 5.5% | $1,700 | $1,181 | $217,160 |
| 6% | $1,755 | $1,247 | $240,943 |
| 6.5% | $1,812 | $1,315 | $265,293 |
| 6.75% | $1,841 | $1,349 | $277,670 |
| 7% | $1,870 | $1,384 | $290,179 |
| 7.25% | $1,899 | $1,419 | $302,814 |
| 7.5% | $1,928 | $1,454 | $315,572 |
| 8% | $1,988 | $1,526 | $341,443 |
Omaha Property Tax & Total Housing Cost
Property Tax Rate
1.73%
$4,498/year
Monthly P&I
$1,384
20% down, 7%, 30yr
Est. Total Monthly
$1,759
P&I + property tax
Affordability in Omaha
10% down ($26,000)$82,785/yr needed
15% down ($39,000)$79,078/yr needed
20% down ($52,000)$75,371/yr needed
25% down ($65,000)$71,665/yr needed
Based on 28% housing cost rule. Includes property tax.