M
MortgageMath
Free mortgage calculators for every state

Mortgage Calculator &
Closing Costs: Wyoming

Mortgage payment estimates, closing cost breakdowns, and first-time buyer programs for Wyoming homebuyers.

Median Home Price
$340K
Property Tax Rate
0.61%
Avg Closing Costs
$4K
1.1% of price
Avg Insurance
$1,800/yr
First-Time Buyer Program: WCDA Spruce Up Wyoming
Below-market rate loans

Mortgage Calculator — Wyoming

Pre-filled with Wyoming medians. Adjust for your property.

$
$68,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$2,042
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,719
per month
Taxes & Insurance
$323
per month
Total Interest Paid
$347K
over 30 years
Total Loan Cost
$619K
all payments
Payment Breakdown
Loan Amount$272,000
Principal & Interest$1,719
Property Taxes$173
Homeowners Insurance$150
Total Monthly PITI$2,042

Closing Costs — Wyoming

Estimated closing costs based on Wyoming tax rates and fees.

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$9,977
2.9% of purchase price
Lender Fees
$2,873
origination, underwriting
Third-Party
$3,150
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,954
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,448
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,000
Recording Fee$150
Prepaid Taxes (3 mo)$519
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$817
Escrow Reserves$819
Total Closing Costs$9,977

Buying a Home in Wyoming

The median home price in Wyoming is $340,000, with property taxes averaging 0.61% annually. Wyoming's low property tax rate is a major advantage for buyers, keeping monthly costs well below what you'd pay in high-tax states.

Closing costs in Wyoming average $4K (1.1%% of purchase price). Wyoming does not charge a transfer tax, which helps keep closing costs lower. Homeowners insurance runs approximately $1,800 per year. This is within the normal range nationally.

Wyoming offers the WCDA Spruce Up Wyoming for first-time buyers: Below-market rate loans. Contact your state housing finance agency or a HUD-approved housing counselor for eligibility details and application steps.

Wyoming presents moderate affordability. The $340K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Wyoming.
Rent vs Buy Calculator →

Related Guides

The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.