Madison, WI mortgage calculator

Madison
Mortgage
Calculator

Madison is Wisconsin's capital and home to the University of Wisconsin, with a stable government, healthcare, and biotech economy. Dane County's property tax rate is above the national average but below Milwaukee's.

1.85% county property tax
Real local rates
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$
Interest rate6.48%
Monthly payment
$2,592
P&I · Taxes · Insurance
Total interest
$376,131
Principal & Interest$1,867/mo
Property Tax (1.85%)$570/mo
Homeowners Insurance$154/mo

Recommended for incomes above $115k/yr (28% DTI rule)

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1.85%
Madison area property tax rate
$370,000
Madison median home price
$2,592
est. monthly payment at defaults

Madison housing market

$370,000
Median home price
$68,000
Median household income
269,840
City population

The 1.85% property tax rate reflects the county-level effective rate for Madison and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Wisconsin average — county-level data produces more accurate monthly payment estimates for Madison buyers. Many Madison properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

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