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Closing Costs: Beatrice, NE

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Beatrice, Nebraska.

Median Home Price
$155K
Population
12K
Avg Monthly Rent
$720
Property Tax Rate
1.73%
Beatrice vs Nebraska Median
The median home price in Beatrice is $155,000, which is 37% below the Nebraska state median of $245,000.

Mortgage Calculator — Beatrice, NE

Pre-filled with Beatrice median home price and Nebraska tax/insurance rates. Adjust for your property.

$
$31,000
%
%
years
NE avg
%
$
Monthly Payment (PITI)
$1,240
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$784
per month
Taxes & Insurance
$456
per month
Total Interest Paid
$158K
over 30 years
Total Loan Cost
$282K
all payments
Payment Breakdown
Loan Amount$124,000
Principal & Interest$784
Property Taxes$223
Homeowners Insurance$233
Total Monthly PITI$1,240

Closing Costs — Beatrice, NE

Estimated closing costs based on Nebraska rates and fees applied to Beatrice prices.

$
%
Nebraska: Avg closing costs 1.3% of price. Transfer tax: 0.23%.
Estimated Closing Costs
$9,103
5.9% of purchase price
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Lender Fees
$1,541
origination, underwriting
Third-Party
$2,225
appraisal, title, inspection
Government Fees
$357
transfer taxes, recording
Prepaids + Escrow
$4,980
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,116
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,075
Recording Fee$150
Transfer Tax$357
Prepaid Taxes (3 mo)$670
Prepaid Insurance (12 mo)$2,800
Prepaid Interest (15 days)$373
Escrow Reserves$1,137
Total Closing Costs$9,103

Buying a Home in Beatrice, Nebraska

The median home price in Beatrice is $155,000, 37% below the Nebraska state median of $245,000. With a population of 12,282, Beatrice is a smaller market where home prices tend to be more accessible than in many parts of Nebraska.

Property taxes in Nebraska average 1.73% annually. This higher-than-average tax rate means a $155,000 home in Beatrice would carry roughly $223/month in property taxes alone — plan accordingly. Homeowners insurance in Nebraska runs approximately $2,800 per year. This is within the normal range nationally.

Average rent in Beatrice is $720/month. The price-to-rent ratio in Beatrice is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Beatrice offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Nebraska's NIFA Homebuyer Assistance program.

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