Compare West Bend, WI mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in West Bend.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in West Bend. Plus, shopping lenders is free and there is no obligation.
September 24, 2023
Below we provide helpful information on the real estate market, home prices and housing affordability in West Bend. Understand how much you need to earn to afford a home in West Bend, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in West Bend fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in West Bend is right for you.
The median home value for West Bend, WI (Washington County) is $327,488
Based on current mortgage rates and a 10% down payment, you need to make $68,319 per year to buy the median priced home in West Bend
With this income, you could qualify for a $294,739 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in West Bend is $1,582
The median household income for West Bend, WI (Washington County) is $84,601
Based on this income, you can afford a home valued at approximately $405,536
The home price you can afford to buy based on household income in West Bend is 124% of the median home value which means housing prices are average. West Bend (Washington County) ranks 60 out of 72 counties in Wisconsin and 2,449 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in West Bend, WI is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for West Bend (Washington County) below.
Conforming loan limits for West Bend, WI
FHA loan limits for West Bend, WI
VA loan limits for West Bend, WI