Nebraska Mortgage Calculator
Calculate your monthly payment in Nebraska, with property tax included using the state's effective rate of 1.49%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Nebraska: the numbers
Compared with the 0.92% national average, Nebraska's effective property tax rate of 1.49% is well above the mark (62% higher). By rate, Nebraska shares 7th place with Texas when the 50 states are ranked from highest rate to lowest.
The median home value in Nebraska is $238,600, and the median annual property tax bill is $3,549. Spread over twelve months, that is about $296 a month in property tax for a median-priced home.
| Effective property tax rate | 1.49% |
|---|---|
| Median home value | $238,600 |
| Median annual property tax | $3,549 |
| Rank by rate (1 = highest of 50) | 7 (tied with Texas) |
| Difference vs 0.92% national average | 0.57 points above (62% above) |
What this means for your monthly payment
Two worked examples for Nebraska, using the figures above:
Example 1: the median home
$3,549 per year ÷ 12 = about $296 per month in property tax (median home value: $238,600).
Example 2: a $300,000 home
$300,000 × 1.49% ÷ 12 = about $373 per month, or $4,470 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Nebraska it is about $4,470, which is $1,710 more per year (about $143 more per month).
Compare with similar states
States ranked just above and just below Nebraska by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- Connecticut — 1.81% (rank 3)
- New Hampshire — 1.66% (rank 4)
- Vermont — 1.59% (rank 5)
- New York — 1.55% (rank 6)
- Texas — 1.49% (rank 7)
Ranked just below (lower rate)
- Wisconsin — 1.42% (rank 9)
- Iowa — 1.39% (rank 10)
- Ohio — 1.31% (rank 11)
- Pennsylvania — 1.30% (rank 12)
- Kansas — 1.29% (rank 13)
Nebraska property tax FAQ
What is the property tax rate in Nebraska?
The effective property tax rate in Nebraska is 1.49%. That is 62% above the 0.92% national average, and the state shares 7th place with Texas when the 50 states are ranked from highest rate to lowest.
How much is property tax on a $300,000 home in Nebraska?
At Nebraska's effective rate of 1.49%, property tax on a $300,000 home works out to about $4,470 per year, or about $373 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Nebraska is about $1,710 more per year.
How much is property tax on the median home in Nebraska?
The median home value in Nebraska is $238,600, and the median annual property tax is $3,549, which is about $296 per month.
Does the property tax rate vary inside Nebraska?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 1.49% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.