Mortgage for Kansas (2026)
Kansas (KS) Key Facts
Median Home Price
$225,000
Average Property Tax Rate
1.41%
Average Home Insurance Rate
0.8%
Estimated Monthly Payment
$1,728
First Time Buyer Programs
2
How This Calculator Works in Kansas
This mortgage calculator lets you estimate your monthly payment on a Kansas home by factoring in the purchase price, down payment, interest rate, property taxes, and insurance. It is pre-loaded with Kansas's average property tax rate and insurance costs so you can get a realistic estimate quickly. Adjust the inputs to match your specific situation and see how different scenarios affect your monthly budget.
Kansas Overview
Kansas has a median home price of approximately $220K, with an average property tax rate of 1.41% and homeowners insurance averaging 0.8% annually. Affordable market. KHRC First-Time Homebuyer Program and other state programs can help first-time buyers with down payment assistance and competitive mortgage rates.
How Kansas Compares
Compared to neighboring states, Kansas's median home price of $225,000 is below the national median of about $420,000. Nearby Missouri has a median price of $240,000 with a 0.97% property tax rate. Property tax rates vary significantly among neighboring states, which can substantially impact long-term homeownership costs.
| State | Top Rate | Notes |
|---|---|---|
| Missouri | $240,000 | Median home price is $240,000 with a 0.97% property tax rate. Estimated monthly mortgage payment is about $1,745. |
| Nebraska | $260,000 | Median home price is $260,000 with a 1.73% property tax rate. Estimated monthly mortgage payment is about $2,033. |
| Oklahoma | $200,000 | Median home price is $200,000 with a 0.9% property tax rate. Estimated monthly mortgage payment is about $1,534. |
The median home price in Kansas is $225,000, compared to the national median of approximately $420,000. With a 1.41% average property tax rate and 0.8% insurance rate, Kansas homeowners can expect an estimated monthly payment of about $1,728 on a median-priced home with 10% down at 6.75% interest.
Tips for Kansas Residents
- 1Kansas has a median home price around $220K. Affordable market. Research local market conditions as prices vary significantly by city and neighborhood.
- 2Property taxes in Kansas average 1.41%. Always verify your specific county's tax rate, as it directly impacts your monthly payment.
- 3Explore KHRC First-Time Homebuyer Program for potential down payment assistance and favorable rates. Kansas also offers KHRC Down Payment Assistance. Check income limits and eligibility early in your home search.
- 4Low median home price; budget for tornado insurance. Budget 2-5% of the purchase price for closing costs including lender fees, title insurance, and prepaid expenses.
- 5Moderate property taxes. A 0.25% rate difference on a $225K home can save thousands over the life of your loan, so shop at least 3-4 lenders before committing.
Frequently Asked Questions
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