Wisconsin Mortgage Rates - August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current 30-year fixed mortgage rates in Wisconsin include Educators Credit UnionEducators Credit Union100 Chapman Farm Blvd, Beloit, WI, 53105A+5.0 ★Texas Ratio: 4.41% at 6.12%, Tri City National BankTri City National Bank10859 W Bluemound Rd, Brookfield, WI, 53005A+5.0 ★Texas Ratio: 5.48% at 6.12%, Dupaco Community Credit UnionDupaco Community Credit Union1100 E Business Highway 151, Madison, WI, 53704 3647A+5.0 ★Texas Ratio: 3.94% at 6.12%, Wells FargoWells Fargo100 E Wisconsin Ave, Appleton, WI, 53051A5.0 ★Texas Ratio: 7.44% at 6.00%, and TruStone Financial Credit UnionTruStone Financial Credit Union2707 30th Ave, Cudahy, WI, 53110 2611A+5.0 ★Texas Ratio: 5.11% at 6.12%. Mortgage rates as of August 28, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare mortgage rates across all loan types in Wisconsin side-by-side. Wisconsin mortgage rates currently start as low as 6.12% from Educators Credit Union at 100 Chapman Farm Blvd, Beloit, WI, 53105. Rates are continually updated — we recommend checking back frequently.
Mortgage Rates reflect actual verified offers from lenders actively lending to Wisconsin borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: August 28, 2026
Compare Mortgage Rates Today in Wisconsin
Wisconsin 30 Year Fixed Mortgage Rates
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed.
WHEDA First-time Homebuyer*
$200000
No additional details available.
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$100000
No additional details available.
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$300000
No additional details available.
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$832750
No additional details available.
$100,000
No additional details available.
$100,000
No additional details available.
No additional details available.
Rates as Low as*
APR includes $399 in origination costs. Estimated closing costs of $800 and may be financed. Proof of property insurance is required prior to closing. Rates effective 07/16/2026. APR is based on <= 90% loan to value and include $399.00 in origination costs. For limited cash out refinance or purchase.
Rate as low as 6.375%
$300,000
No additional details available.
$200,000
$200,000
No additional details available.
No additional details available.
Rates quoted are based on a purchase transaction with a loan-to-value of 70%, primary residence, and a credit score of 760 or higher. Actual rates may be higher depending on the loan amount, loan purpose, credit history or loan-to-value. All interest rates, APRs, and costs are indications only and are subject to change without notice. Contact your Empeople Loan Originator for more information. Payments are only examples. Taxes & insurance premiums are not included in the payment, if included the actual payment obligation will be greater. Rates may vary based on loan size & geographical location. Loans with a loan to value greater than 80% may require private mortgage insurance, which will increase the monthly payment amount. Cost equals discount points paid. Payments are based upon a purchase transaction with a loan-to-value of 70%, 1-unit primary residence, and a credit score of 760 or higher. Taxes & insurance premiums are not included in the payment, if included the actual payment obligation will be greater. Interest rates and payments may increase after consummation.
$832,750
Rates as Low as*
Rates as Low as*
As Low As
As Low As; Paid off in 30 years and monthly payment and interest rate remain constant for the life of the loan. Learn More
As low as 3% down payment options available.
$832,750
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Payments based upon a $125,000 purchase price with 20% down, loan amount of $100,000. Taxes and insurance premiums are not included in the payment. The actual payment obligation may be greater.
12
No additional details available.
$300,000
Interest rates and APRs are effective as of 07/30/2026 and subject to change at any time and without notice. Your actual rate is based on your credit score, loan-to-value (LTV), loan amount, and other factors. Closing costs may vary and can be obtained with the request of a Loan Estimate from UnitedOne Credit Union. Rates quoted are available only on 1st mortgage, owner-occupied homes located in Wisconsin. Private mortgage insurance may be required on loans in excess of 80% LTV (loan-to-value). Interest Rate, APR, and payment examples are based upon a refinance transaction with a loan amount of $200,000, credit score above 750, and 60% LTV. Payments do not include amounts for taxes and insurance premiums, and the actual payment obligation may be greater. Other mortgage programs and rates are available. All offers are subject to credit approval and not all applicants will qualify. Not all applicants will qualify for the lowest rate. Membership Eligibility Required. Equal Housing Lender.
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $250,000 and an estimated property value of $312,500. The property is located in WI and is within Sauk county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account will not be established. The rate lock period is 45 days and the assumed credit score is 780. For example, at a 6.625% interest rate, the APR for this loan type is 6.707%. The payment schedule would be: 359 payments of $1,600.78 at an interest rate of 6.625% 1 payment of $1,599.72 at an interest rate of 6.625%. The payment does not include real estate taxes and insurance. The actual payment obligation will be greater.
Terms and Conditions for Federal VA 30 Year Fixed Rate
No additional details available.
359 payments of $1056.51 at an interest rate of 6.625% ?1 payment of $1059.86 at an interest rate of 6.625%
No additional details available.
Wisconsin 15 Year Fixed Mortgage Rates
No additional details available.
Contact the credit union for details.
No additional details available.
No additional details available.
No additional details available.
First Mortgage - Primary Residence Only
APR includes $399 in origination costs. Estimated closing costs of $800 and may be financed. Proof of property insurance is required prior to closing. Rates effective 07/16/2026. APR is based on <= 90% loan to value. For limited cash out refinance or purchase.
No additional details available.
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed.
No additional details available.
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Rate as low as 5.625%
Rates as Low as*
No additional details available.
No additional details available.
As low as 6.000%
No additional details available.
As Low As
Rates quoted are based on a purchase transaction with a loan-to-value of 70%, primary residence, and a credit score of 760 or higher. Actual rates may be higher depending on the loan amount, loan purpose, credit history or loan-to-value. All interest rates, APRs, and costs are indications only and are subject to change without notice. Contact your Empeople Loan Originator for more information. Payments are only examples. Taxes & insurance premiums are not included in the payment, if included the actual payment obligation will be greater. Rates may vary based on loan size & geographical location. Loans with a loan to value greater than 80% may require private mortgage insurance, which will increase the monthly payment amount. Cost equals discount points paid. Payments are based upon a purchase transaction with a loan-to-value of 70%, 1-unit primary residence, and a credit score of 760 or higher. Taxes & insurance premiums are not included in the payment, if included the actual payment obligation will be greater. Interest rates and payments may increase after consummation.
Rates as Low as*
Rates as Low as*
No additional details available.
No additional details available.
Mortgage rates shown here are the lowest rates available. Borrower must qualify for Cloverbelt Credit Union membership, and all loan applications are subject to credit approval. Your rate may vary and is based on the property type, loan type, term, your credit score, the loan-to-value ratio, and other variables. The rates and monthly payments are per $1,000 borrowed using a single-family primary residence as collateral, with a maximum 80% loan-to-value ratio. For fixed rate loans, the rate shown is for the life of the loan. For ARM loans, the rate/APR shown is effective 08/14/2026 and applies to the initial term. After that period, the loan will adjust to the then-current fully indexed rate. Rates and terms are also available for 20 and 30-year fixed rate home loans on the secondary market, as well as in-house and secondary market investment property and commercial property loans. Please contact a Mortgage Specialist at 715-843-4663 or [email protected] for a custom quote that's tailored to your needs.
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Interest rates and APRs are effective as of 07/30/2026 and subject to change at any time and without notice. Your actual rate is based on your credit score, loan-to-value (LTV), loan amount, and other factors. Closing costs may vary and can be obtained with the request of a Loan Estimate from UnitedOne Credit Union. Rates quoted are available only on 1st mortgage, owner-occupied homes located in Wisconsin. Private mortgage insurance may be required on loans in excess of 80% LTV (loan-to-value). Interest Rate, APR, and payment examples are based upon a refinance transaction with a loan amount of $200,000, credit score above 750, and 60% LTV. Payments do not include amounts for taxes and insurance premiums, and the actual payment obligation may be greater. Other mortgage programs and rates are available. All offers are subject to credit approval and not all applicants will qualify. Not all applicants will qualify for the lowest rate. Membership Eligibility Required. Equal Housing Lender.
No additional details available.
No additional details available.
Tri City Servicing
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $300,000 and an estimated property value of $500,000. The property is located in WI and is within Dane county. The property is an existing single family home and will be used as a primary residence. The rate lock period is 45 days and the assumed credit score is 780. At a 6.125% interest rate, the APR for this loan type is 6.190%. The payment schedule would be: 179 payments of $2,551.87 at an interest rate of 6.125%; 1 payment of $2,552.79 at an interest rate of 6.125%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
The rate details shown assume the following: The property being purchased is located in Brookfield, Wisconsin and is a single family home to be used as a primary residence. The estimated value is $600,000, down payment is $180,000 and loan amount is $420,000. An escrow account may be required and, in that event, the actual monthly payment will also include an amount for real estate taxes. The standard rate lock period is 45 days and the assumed credit score is 780. Loan Amount: $420,000.00 Property Value: $600,000.00 Number of Payments: 179, Payment Amount: $3,578.33 Number of Payments: 1, Payment Amount: $3,578.09
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $180,000 and an estimated property value of $225,000. The property is located in WI and is within Ozaukee county. The property is an existing single family home and will be used as a primary residence. The rate lock period is 60 days and the assumed credit score is 740. At a 6.125% interest rate, the APR for this loan type is 6.198%. The monthly payment schedule would be: 179 payments of $1,531.12 at an interest rate of 6.125% 1 payment of $1,532.05 at an interest rate of 6.125%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $250,000 and an estimated property value of $312,500. The property is located in WI and is within Sauk county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account will not be established. The rate lock period is 45 days and the assumed credit score is 780. For example, at a 6.125% interest rate, the APR for this loan type is 6.198%. The payment schedule would be: 179 payments of $2,126.56 at an interest rate of 6.125% 1 payment of $2,126.95 at an interest rate of 6.125%. The payment does not include real estate taxes and insurance. The actual payment obligation will be greater.
As Low As
As Low As
As Low As; Paid off in 15 years and monthly payment and interest rate remain constant for the life of the loan. Learn More
As low as 3% down payment options available.
No additional details available.
No additional details available.
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Terms and Conditions for 15 Year Fixed Rate
No additional details available.
Annual Percentage Rate* is accurate as of August 21st, 2026. APR = Annual Percentage Rate will vary based on final loan amount and finance charges. Conventional Loans : APRs are based on Purchase Transactions, on a loan amount of $175,000 with 40% down payment, 1 unit owner occupied. Monthly payment does not include real estate taxes and homeowner's insurance premium. The actual payment obligation may be higher. The information provided on this page is for comparative purposes only. Your actual rate, fees and terms could be different; get an official Loan Estimate before choosing a loan. Your rate, fees and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value (LTV) ratio, etc. The Bank of New Glarus NMLS #619812 All Home Loan rates, points and programs are subject to change at any time. All loans are subject to credit approval.
No additional details available.
No additional details available.
Wisconsin 5/1 ARM Mortgage Rates
Offer a fixed rate for the first five years of the loan and may vary every year after the fixed period. The maximum lifetime cap is 6%.
Closing costs = $1,600. Investments 1% higher on the current ARM rate. $1,900 closing cost.
08/26/2026 ** ARM is Adjustable Rate Mortgage. First Mortgage ARM's are amortized over up to 30 years. Loan rates, mortgage product, and conditions are based on your credit score, loan to value (equity), and personal qualifications. To obtain a specific rate and mortgage product with your personal qualifications, please contact a Lending Specialist. Rates and fees are subject to change at any time without notice. First lien mortgage position and owner occupied properties. Wisconsin properties only. Membership eligibility required.
No additional details available.
As Low As
PMI required over 80% LTV. 99% LTV. 30-year amortization. Minimum credit score 740+. Occupation restrictions apply. No closing costs. Single family owner occupied homes only. Contact us for more information about investment properties or non-owner occupied homes.
90% LTV. 30-year amortization (based on $100K loan amount). Minimum credit score 660.
No additional details available.
90% LTV. 30-year amortization (based on $100K loan amount). Minimum credit score 660.
No additional details available.
No additional details available.
Mortgage rates shown here are the lowest rates available. Borrower must qualify for Cloverbelt Credit Union membership, and all loan applications are subject to credit approval. Your rate may vary and is based on the property type, loan type, term, your credit score, the loan-to-value ratio, and other variables. The rates and monthly payments are per $1,000 borrowed using a single-family primary residence as collateral, with a maximum 80% loan-to-value ratio. For fixed rate loans, the rate shown is for the life of the loan. For ARM loans, the rate/APR shown is effective 08/14/2026 and applies to the initial term. After that period, the loan will adjust to the then-current fully indexed rate. Rates and terms are also available for 20 and 30-year fixed rate home loans on the secondary market, as well as in-house and secondary market investment property and commercial property loans. Please contact a Mortgage Specialist at 715-843-4663 or [email protected] for a custom quote that's tailored to your needs.
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $250,000 and an estimated property value of $312,500. The property is located in WI and is within Sauk county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account will not be established. The rate lock period is 45 days and the assumed credit score is 780. At a 5.625% initial interest rate, the APR for this loan type is 6.354%, subject to increase. Based on current market conditions, the payment schedule would be: 60 payments of $1,439.14 at an interest rate of 5.625% 299 payments of $1,581.45 at an interest rate of 6.625% 1 payment of $1,581.42 at an interest rate of 6.625%. The payment does not include real estate taxes and insurance. The actual payment obligation will be greater.
No additional details available.
Rates quoted are based on a purchase transaction with a loan-to-value of 70%, primary residence, and a credit score of 760 or higher. Actual rates may be higher depending on the loan amount, loan purpose, credit history or loan-to-value. All interest rates, APRs, and costs are indications only and are subject to change without notice. Contact your Empeople Loan Originator for more information. Payments are only examples. Taxes & insurance premiums are not included in the payment, if included the actual payment obligation will be greater. Rates may vary based on loan size & geographical location. Loans with a loan to value greater than 80% may require private mortgage insurance, which will increase the monthly payment amount. Cost equals discount points paid. 5/1 Adjustable-Rate Mortgages (ARM) offer a fixed rate at the advertised APR for the first five years of the loan and may vary every year after the fixed period for a total of 360 payments (30-year term). Your rate will change every 12 months by no more than 2 percentage points up or down, never exceeding 5 percentage points above the initial rate and the lowest your rate can be is the initial rate. When the rate adjusts, your new rate will be based on the current index (the weekly average yield on United States Treasury securities adjusted to a constant maturity of one year, as made available by the Board of Governors of the Federal Reserve System) plus a margin of 2.75% rounded to the nearest one-eighth as long as the total adjustment does not exceed the 2.00% adjustment cap.
Fully Indexed Rate: 6.885% Maximum Interest Rate: 10.250% Months to First Rate Adjustment: 60 Months Permanent Loan Payment Stream
Rate as low as 5.250%
No additional details available.
No additional details available.
No additional details available.
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $300,000 and an estimated property value of $500,000. The property is located in WI and is within Dane county. The property is an existing single family home and will be used as a primary residence. The rate lock period is 0 days and the assumed credit score is 780. At a 6.000% initial interest rate, the APR for this loan type is 6.638%, subject to increase. Based on current market conditions, the payment schedule would be: 60 payments of $1,798.65 at an interest rate of 6.000%; 299 payments of $1,973.07 at an interest rate of 7.000%; 1 payment of $1,972.15 at an interest rate of 7.000%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
Initial Rate Period: 5 Years; First Adjusted Rate thereafter variable: 6.750%
08/26/2026 ** ARM is Adjustable Rate Mortgage. Second Mortgage ARM's are amortized over up to 15 years. Loan rates, mortgage product, and conditions are based on your credit score, loan to value (equity), and personal qualifications. To obtain a specific rate and mortgage product with your personal qualifications, please contact a Lending Specialist. Rates and fees are subject to change at any time without notice. Second lien mortgage position and owner occupied properties. Wisconsin properties only. Membership eligibility required.
No additional details available.
No additional details available.
No additional details available.
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The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $180,000 and an estimated property value of $225,000. The property is located in WI and is within Ozaukee county. The property is an existing single family home and will be used as a primary residence. The rate lock period is 60 days and the assumed credit score is 740. At a 7.250% initial interest rate, the APR for this loan type is 7.235%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 60 payments of $1,227.92 at an interest rate of 7.250% 299 payments of $1,214.27 at an interest rate of 7.125% 1 payment of $1,213.82 at an interest rate of 7.125%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
Rates/Annual Percentage Rate (APR) reflects a discount (excluding Home Equity Loan/Lines of Credit products) having an active Fox Communities Credit Union Checking account, with a monthly direct deposit or two or more deposits per month into the same Fox checking account. The rate/APR without an active Fox checking account will be higher. Other programs/options are available.
No additional details available.
90% LTV. As a 15-year fixed (based off $10K loan amount). Minimum credit score 660.
90% LTV. As a 15-year fixed (based off $10K loan amount). Minimum credit score 660.
Wisconsin 30-Year Jumbo Mortgage Rates
Rate as low as 6.250%
No additional details available.
No additional details available.
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Terms and Conditions for Jumbo 30 Year Fixed
No additional details available.
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No additional details available.
Wisconsin 15-Year Jumbo Mortgage Rates
No additional details available.
Wisconsin 5/1 Jumbo ARM Mortgage Rates
No additional details available.
Wisconsin FHA Loan Rates
No additional details available.
As Low As; Federal Housing Administration loan paid off in a set number of years (term), typically 30 or 15 years. The interest rate remains the same for the entire life of the mortgage. Learn More
No additional details available.
No additional details available.
Government Loans
No additional details available.
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Wisconsin VA Loan Rates
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed.
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
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No additional details available.
Terms and Conditions for Federal VA 30 Year Fixed Rate
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As; Veterans Affairs loan paid off in a set number of years (term), typically 30 or 15 years. The interest rate remains the same for the entire life of the mortgage. Learn More
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
Wisconsin Mortgage Rate Trends
Compare local Wisconsin mortgage rate quotes against the statewide average
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes — updated every evening.
Wisconsin 30-year fixed rates rose 0.018 points over the past 7 days to 6.724%.
Wisconsin 15-year fixed rates rose 0.010 points over the past 7 days to 6.186%.
Wisconsin Mortgage Rate Forecast — Next 12 Months
Where are Wisconsin mortgage rates headed through August 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for Wisconsin Home Buyers
Monthly principal & interest payment on Wisconsin median home of $266,500 (20% down, 30-year fixed, state-level Census ACS median)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (WI avg) | 6.724% | $1,379 | — | 21.4% |
| 6-Month Forecast | 6.724% (6.37–7.02%) | $1,379 | +$0/mo | 21.4% |
| 12-Month Forecast | 6.324% (5.97–6.62%) | $1,323 | -$56/mo | 20.5% |
Income column = annual mortgage payment as % of Wisconsin median household income ($77,485). Above 30% is generally considered cost-burdened.
MonitorBankRates Housing Affordability Index (MBR-HAI)
A daily-updated affordability score for Wisconsin — updated every night from live mortgage rates across our monitoring network combined with U.S. Census Bureau income, home value, and cost burden data.
What This Score Means for Wisconsin Home Buyers
With a score of 106.5, Wisconsin is 7.1 points more affordable than the national average of 99.4. Wisconsin ranks #22 out of 51 states for affordability — near the middle of the national affordability range.
The index reflects the current Wisconsin 30-year mortgage rate of 6.724% combined with Census median home values, household income, property taxes, and cost burden data. A 0.25% rate change shifts the score by approximately 0.8-1.0 points — meaning today’s rate environment directly impacts how affordable homeownership is relative to local incomes across Wisconsin.
Scores update each morning, computed from rate data captured the previous night. Computed from live mortgage rates across FDIC-insured banks and NCUA-chartered credit unions, combined with U.S. Census Bureau ACS 5-Year Estimates (2024) and CPS/HVS Q4 2025. Score of 100 = national average at 6.5% reference rate. Full methodology →
How Mortgage Rates Impact Home Affordability in Wisconsin
Wisconsin Housing Market Overview
According to the U.S. Census Bureau, the median owner-occupied home value in Wisconsin is approximately $266,500. The 2026 FHFA conforming loan limit for Wisconsin is $832,750.
Wisconsin Homeownership Rate
With a homeownership rate of 71.2% — well above the national average of 65.7% — Wisconsin has a strong ownership culture, making competitive mortgage rates especially important for buyers entering the market. The homeowner vacancy rate of 1% signals a tight market with limited available inventory — making it critical to secure the best possible rate quickly when a suitable property becomes available.
Monthly Payment Estimates for Wisconsin Buyers
Even a small difference in your interest rate can add up to tens of thousands of dollars over the life of a loan. The table below shows monthly principal and interest payments on a $210,000 mortgage — based on a 20% down payment on the Wisconsin median home value.
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.224% | 30-year fixed | $1,289 | $254,205 |
| 6.724% Current Avg | 30-year fixed | $1,358 | $279,034 |
| 7.224% | 30-year fixed | $1,429 | $304,393 |
| 6.186% | 15-year fixed | $1,793 | $112,789 |
A 0.500% rate increase on a $210,000 loan adds roughly $70 per month and over $25,358 in total interest over a 30-year term. That’s why comparing verified, current rates from multiple lenders — using the rate table above — is one of the most impactful financial decisions a Wisconsin buyer can make.
Data sources: U.S. Census Bureau; Federal Housing Finance Agency (FHFA). Monthly payments shown are principal & interest only — taxes, insurance, and PMI not included.
Wisconsin Income & Housing Affordability
At a price-to-income ratio of 3.4x, Wisconsin is a relatively affordable housing market compared to national averages. That ratio — median home value divided by median household income — is a standard benchmark used by housing economists to gauge how accessible homeownership is relative to local earnings. The national baseline is approximately 3.8x.
What This Means for Wisconsin Buyers
With a median household income of $77,485 per year in Wisconsin ($6,457/month) and a median home value of approximately $266,500, a buyer financing at 80% LTV at the current average rate would commit roughly 21% of gross monthly income to principal and interest alone. that falls within a manageable range relative to income, though taxes, insurance, HOA fees, and PMI will add to the true monthly cost of ownership.
Data sources: U.S. Census Bureau. Monthly payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in Wisconsin
A mortgage payment is just the starting point. Property taxes, insurance, and utilities add hundreds of dollars per month to the true cost of owning a home across Wisconsin. Understanding the full picture before you buy is the difference between a home you can afford and one that stretches you thin.
Owner vs. Renter Costs
Across Wisconsin, the median homeowner with a mortgage pays approximately $1,236/month in total housing costs — covering the mortgage payment, property taxes, insurance, and utilities. The median renter pays $1,087/month including utilities. The $149/month difference between owning and renting is relatively narrow — worth factoring carefully into a rent vs. buy analysis given that owners also build equity over time. Property taxes alone account for $323/month of the ownership cost, a figure that can vary dramatically by location and is often underestimated by first-time buyers.
Housing Cost Burden
The federal standard defines “cost burdened” as spending more than 30% of gross household income on housing. “Severely cost burdened” means spending 50% or more. Both thresholds leave little room for savings, emergencies, or other financial goals.
Across Wisconsin, 22.4% of homeowners with mortgages are cost burdened and 42.5% of renters are cost burdened. Renters face significantly higher burden rates than owners — a pattern that often reflects lower renter incomes rather than lower rental costs, and one that can make the path from renting to owning financially difficult even when mortgage payments might be affordable. The 22.4% owner burden rate is below the national average of 28.0%, suggesting this market offers relatively manageable ownership costs relative to local incomes.
Data sources: U.S. Census Bureau, American Community Survey 5-Year Estimates. Monthly owner costs include mortgage payment, taxes, insurance, and utilities. Property taxes reflect median annual taxes for mortgage holders. Rent reflects median gross rent including utilities. Cost burden figures reflect households spending 30%+ of gross income on housing.
Wisconsin Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s Wisconsin rates. The home price is prefilled with the local median home value — adjust anything, or click a current rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only — excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your Wisconsin Home Loan
Rates are only part of the equation. Use these calculators to translate current Wisconsin mortgage rates into real numbers for your specific situation — before you talk to a lender.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios — a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current Wisconsin rates — so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateIf you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point — the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateBuying isn’t always the better financial decision, and renting isn’t always throwing money away. This calculator weighs the full cost of each path — mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment — to show which option builds more wealth over your intended time horizon in Wisconsin.
CalculateTypes of Mortgages Available in Wisconsin
Borrowers in Wisconsin have access to a wide range of mortgage programs. Rates, down payment requirements, and eligibility rules vary significantly across products — understanding the differences before you compare lenders can save thousands of dollars over the life of your loan.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term — your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially in markets where housing costs represent a large share of household income.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically but requires a higher monthly commitment. The payment comparison table above shows exactly how those trade-offs look at today’s Wisconsin rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period — commonly 5, 7, or 10 years — after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan, which reduces your monthly payment during the initial window.
ARMs work best when you have a defined exit timeline: if you plan to sell or refinance before the fixed period ends, you capture the lower rate without exposure to future adjustments. Rate caps govern how much the rate can move at each adjustment and in total, so read those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down — and some lenders will consider scores as low as 500 with a 10% down payment.
The cost of that lower barrier is mortgage insurance. FHA loans carry an upfront MIP of 1.75% of the loan amount (which can be rolled in) plus an annual MIP of 0.15%–0.75% depending on your term and LTV. For buyers who would otherwise wait years to save a larger down payment — given ongoing home price trends in Wisconsin — FHA is often the faster path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses, VA loans are among the most favorable mortgage programs available anywhere. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with — and often better than — conventional loan rates.
A one-time funding fee applies — 2.15% of the loan for first-time VA borrowers with no down payment — which can be financed into the loan. In Wisconsin, where home prices require substantial savings for a conventional down payment, the zero-down VA benefit is an enormous advantage for those who qualify.
Jumbo Loan
Conforming loan limits in Wisconsin vary by county. The 2026 FHFA baseline is $832,750 for most counties, with higher limits in designated high-cost areas. Any mortgage exceeding the applicable county limit is a jumbo loan and falls outside Fannie Mae and Freddie Mac guidelines.
Jumbo underwriting is stricter: lenders typically require a credit score of 700 or higher, substantial cash reserves, thorough income documentation, and a down payment of at least 10–20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Wisconsin mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Wisconsin directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Wisconsin. We feature a comprehensive mix of licensed NMLS financial institutions — from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in WI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you compare rates from secure, reliable lenders.
How a Mortgage Works in Wisconsin
A mortgage is a loan used to buy a home in Wisconsin, secured by the property itself as collateral. The borrower repays the amount over a set term, most commonly 30 or 15 years, in monthly installments that cover both principal and interest. Because the loan is secured, the lender can foreclose on the home if payments are not made, which is part of why mortgage rates are lower than rates on unsecured debt.
Fixed-Rate vs. Adjustable-Rate Mortgages for Wisconsin Buyers
A fixed-rate mortgage keeps the same interest rate for the entire term, so a Wisconsin homeowner’s principal-and-interest payment never changes. For example, Educators Credit Union is listing a VA Mortgage Products - 30-year Fixed at 6.12%. An adjustable-rate mortgage (ARM) starts with a fixed period, often five, seven, or ten years, and then adjusts periodically based on a market index. ARMs usually open with a lower rate, but the payment can rise once the fixed period ends, so they tend to suit Wisconsin borrowers who expect to move or refinance before that point. On the adjustable-rate side, R.I.A. Federal Credit Union is listing a 5/1 Adjustable-Rate Mortgage at 5.56%.
How Wisconsin Mortgage Rates Are Set
Mortgage rates move with the broader bond market, particularly the yield on the 10-year Treasury, plus a spread that reflects lender costs and risk. On top of that national baseline, the rate a Wisconsin borrower is offered depends on individual factors: credit score, down payment size, loan amount, loan type, and the property itself. This is why the advertised rates above are a starting point, and a borrower’s final rate is set once an application is underwritten.
Points and Closing Costs in Wisconsin
The interest rate is not the only cost of buying a home in Wisconsin. Discount points are an optional upfront fee (one point equals one percent of the loan amount) paid to lower the rate over the life of the loan. Closing costs cover items such as origination fees, appraisal, title insurance, and recording, and typically run two to five percent of the loan. Comparing the annual percentage rate (APR) alongside the note rate helps Wisconsin shoppers account for these costs when weighing lenders.
When Wisconsin Homeowners Should Consider Refinancing
Refinancing replaces an existing mortgage with a new one, usually to secure a lower rate, change the term, or tap home equity. For Wisconsin homeowners, the general guideline is that refinancing makes sense when the savings from a lower rate recoup the closing costs within the time the borrower plans to stay in the home, known as the break-even point. Borrowers also refinance to switch from an adjustable rate to a fixed rate, or to remove mortgage insurance once enough equity has built up.
Frequently Asked Questions about Mortgage Rates in Wisconsin
How does my credit score affect my rate in Wisconsin?
What is a 30-Year Fixed Mortgage?
What are closing costs in Wisconsin?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan in Wisconsin?
Do I need 20% down to buy a house in Wisconsin?
What is the difference between Interest Rate and APR?
How do I find the best lender in Wisconsin?
What is the median home value in Wisconsin?
What is the homeownership rate in Wisconsin?
What is the conforming loan limit in Wisconsin?
What is the median monthly cost of homeownership in Wisconsin?
What are the median property taxes in Wisconsin?
What is the median rent in Wisconsin?
What percentage of homeowners are cost burdened in Wisconsin?
What percentage of renters are cost burdened in Wisconsin?
What are the best Mortgage rates in Wisconsin?
- Educators Credit Union: 6.12% (VA Mortgage Products - 30-year Fixed)
- Tri City National Bank: 6.12% (30 Year Fixed Rate Mortgage)
- Dupaco Community Credit Union: 6.12% (Refinance: 30-Year Fixed Conventional or less)
- Wells Fargo: 6.00% (30-Year Fixed-Rate VA)
- TruStone Financial Credit Union: 6.12% (VA 30-Year Fixed)
Mortgage Rates by City in Wisconsin
