Wyoming Mortgage Calculator & Rates Guide (2026)
Estimate your monthly payment on a Wyoming home with Wyoming-specific property tax, insurance, PMI, and HOA. Median home price in Wyoming is roughly $360,000, and the average effective property tax rate is about 0.55%.
Wyoming has no state income tax and no real estate transfer tax — total tax friction on buying and holding a home is among the lowest in the country. The calculator below is pre-filled with Wyoming's median home price and an estimated property tax bill of roughly $1,980 per year (about 0.55% of $360,000). Adjust the home price, down payment, and rate to match your real-world Wyoming scenario — your monthly payment updates instantly.
Loan details
Payment breakdown
- Principal & Interest$1,868
- Property Tax$165
- Home Insurance$92
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Wyoming mortgage and housing snapshot
| Median home price | $360,000 |
|---|---|
| Average effective property tax rate | 0.55% of home value |
| Estimated annual property tax on median home | $1,980 (~$165/mo escrowed) |
| Average homeowners insurance premium | $1,100 / year |
| 2026 conforming loan limit (most counties) | $806,500 |
| Transfer / recording tax | Wyoming has no state real estate transfer tax — buyers pay only a small county recording fee at closing. |
| Homestead / property tax cap | Wyoming offers a Property Tax Refund program for income-qualifying homeowners, plus a Veterans Property Tax Exemption that removes a portion of assessed value for honorably discharged veterans. |
Figures are 2025/2026 approximations from public data (Census, NAR, FHFA, NAIC, Tax Foundation). Use them for planning; confirm exact tax bills, insurance, and conforming limits with your lender, insurer, and county assessor.
Why Wyoming's housing math is different
Property tax burden. Wyoming's average effective property tax rate of about 0.55% of home value sits well below the U.S. national average of roughly 1.0%. Wyoming offers a Property Tax Refund program for income-qualifying homeowners, plus a Veterans Property Tax Exemption that removes a portion of assessed value for honorably discharged veterans. On the median Wyoming home, that translates to roughly $1,980 a year — money that's escrowed into your mortgage payment whether you notice it or not.
Insurance and disaster risk. The typical Wyoming homeowners policy runs about $1,100 per year. That's well below the national average, helping Wyoming stay one of the friendlier states for total monthly housing cost.
Closing-cost reality. Wyoming has no state real estate transfer tax — buyers pay only a small county recording fee at closing. Add roughly 2-3% of the price for typical lender fees (origination, appraisal, title, escrow), and Wyoming buyers should plan for total closing costs in the 3-5% range on top of the down payment.
Loan-limit context. The 2026 conforming loan limit for most counties in Wyoming is $806,500. The median Wyoming home price sits comfortably below this ceiling, so most buyers can use a standard conforming loan rather than a jumbo.
Common loan types in Wyoming
The default for most Wyoming buyers with 5%+ down and a 620+ credit score. Loans up to $806,500 (most counties) avoid jumbo pricing. PMI is required under 20% down and auto-cancels at 22% equity.
Backed by the Federal Housing Administration. Low 3.5% down with credit scores down to 580. Popular with first-time Wyoming buyers, but FHA mortgage insurance (MIP) usually stays for the life of the loan unless you put 10%+ down.
Zero-down loans for eligible active-duty service members, veterans, and qualifying surviving spouses. No PMI and competitive rates. Wyoming veterans should compare VA pricing against conventional — the no-PMI advantage often wins below 20% down.
Zero-down loans for buyers in USDA-designated rural and many suburban areas with moderate incomes. Wyoming's urban metros are usually outside USDA-eligible zones, but smaller-town and suburban-fringe properties may still qualify.
Run any of these scenarios in the calculator above by adjusting the down payment and rate. For a side-by-side, see our FHA vs. conventional, VA loan, and USDA loan guides.
Wyoming mortgage FAQ
What are typical mortgage rates in Wyoming in 2026?
Mortgage rates in Wyoming closely track national averages because most home loans are sold to Fannie Mae, Freddie Mac, or government-backed agencies that price loans on a national basis. Your actual rate depends far more on your credit score, down payment, loan term, and discount points than on the state you live in. Use the calculator above with your target rate to see how a small rate move changes your Wyoming monthly payment.
How much is property tax on a typical home in Wyoming?
Wyoming's average effective property tax rate is approximately 0.55% of home value. On a median $360,000 home in Wyoming, that works out to roughly $1,980 per year, or about $165 per month escrowed into your mortgage payment. Actual bills vary by county and city.
What is the 2026 conforming loan limit in Wyoming?
For most counties in Wyoming, the 2026 conforming loan limit for a one-unit home is $806,500. Loans above that are 'jumbo' loans and typically have stricter credit and down-payment requirements. Some high-cost counties in Wyoming may use a higher limit set by the FHFA — check your specific county before locking a rate.
How much homeowners insurance should I budget for in Wyoming?
The average annual homeowners insurance premium in Wyoming is roughly $1,100. Coastal, wildfire, hail, and flood-prone areas can be substantially higher. Your lender will require proof of coverage at closing, and the premium is typically escrowed monthly along with property tax.
Do I have to pay PMI on a Wyoming mortgage?
PMI rules are federal, not state-specific. Most conventional Wyoming mortgages require private mortgage insurance when your down payment is below 20% of the home's price, typically 0.3%-1.5% of the loan amount per year. PMI auto-cancels at 22% equity per the federal Homeowners Protection Act. FHA loans use MIP instead, and VA and USDA loans skip PMI entirely.
What transfer or recording taxes do Wyoming buyers and sellers pay?
Wyoming has no state real estate transfer tax — buyers pay only a small county recording fee at closing.
Is there a homestead exemption in Wyoming?
Wyoming offers a Property Tax Refund program for income-qualifying homeowners, plus a Veterans Property Tax Exemption that removes a portion of assessed value for honorably discharged veterans.
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Ready to find your real rate?
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See personalized rate quotes from multiple top lenders in one place.
- ✓Soft credit pull only
- ✓5+ competing rate quotes
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- ✓100% online application
- ✓Pre-approval in minutes
- ✓No origination fees on most loans
America's Largest Mortgage Lender
Established direct lender with a full range of loan products.
- ✓Wide loan-product selection
- ✓Full-service support
- ✓Highly rated for borrower satisfaction
Advertiser disclosure: cards above are sponsored. We may earn a commission when you compare lenders through our partners — at no cost to you. Compensation does not influence which lenders are shown.