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Mortgage Calculator &
Closing Costs: Powell, WY

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Powell, Wyoming.

Median Home Price
$245K
Population
6K
Avg Monthly Rent
$920
Property Tax Rate
0.61%
Powell vs Wyoming Median
The median home price in Powell is $245,000, which is 28% below the Wyoming state median of $340,000.

Mortgage Calculator — Powell, WY

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

$
$49,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$1,513
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,239
per month
Taxes & Insurance
$275
per month
Total Interest Paid
$250K
over 30 years
Total Loan Cost
$446K
all payments
Payment Breakdown
Loan Amount$196,000
Principal & Interest$1,239
Property Taxes$125
Homeowners Insurance$150
Total Monthly PITI$1,513

Closing Costs — Powell, WY

Estimated closing costs based on Wyoming rates and fees applied to Powell prices.

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$8,300
3.4% of purchase price
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Lender Fees
$2,189
origination, underwriting
Third-Party
$2,675
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,436
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,764
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,525
Recording Fee$150
Prepaid Taxes (3 mo)$374
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$589
Escrow Reserves$674
Total Closing Costs$8,300

Buying a Home in Powell, Wyoming

The median home price in Powell is $245,000, 28% below the Wyoming state median of $340,000. With a population of 6,314, Powell is a smaller market where home prices tend to be more accessible than in many parts of Wyoming.

Property taxes in Wyoming average 0.61% annually. This low property tax rate is a significant advantage for Powell buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Wyoming runs approximately $1,800 per year. This is within the normal range nationally.

Average rent in Powell is $920/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Powell offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Wyoming's WCDA Spruce Up Wyoming program.

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