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Closing Costs: Two Rivers, WI

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Two Rivers, Wisconsin.

Median Home Price
$145K
Population
11K
Avg Monthly Rent
$750
Property Tax Rate
1.76%
Two Rivers vs Wisconsin Median
The median home price in Two Rivers is $145,000, which is 48% below the Wisconsin state median of $280,000.

Mortgage Calculator — Two Rivers, WI

Pre-filled with Two Rivers median home price and Wisconsin tax/insurance rates. Adjust for your property.

$
$29,000
%
%
years
WI avg
%
$
Monthly Payment (PITI)
$1,054
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$733
per month
Taxes & Insurance
$321
per month
Total Interest Paid
$148K
over 30 years
Total Loan Cost
$264K
all payments
Payment Breakdown
Loan Amount$116,000
Principal & Interest$733
Property Taxes$213
Homeowners Insurance$108
Total Monthly PITI$1,054

Closing Costs — Two Rivers, WI

Estimated closing costs based on Wisconsin rates and fees applied to Two Rivers prices.

$
%
Wisconsin: Avg closing costs 1.4% of price. Transfer tax: 0.3%.
Estimated Closing Costs
$7,220
5.0% of purchase price
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Lender Fees
$1,469
origination, underwriting
Third-Party
$2,175
appraisal, title, inspection
Government Fees
$435
transfer taxes, recording
Prepaids + Escrow
$3,141
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,044
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,025
Recording Fee$150
Transfer Tax$435
Prepaid Taxes (3 mo)$638
Prepaid Insurance (12 mo)$1,300
Prepaid Interest (15 days)$349
Escrow Reserves$855
Total Closing Costs$7,220

Buying a Home in Two Rivers, Wisconsin

The median home price in Two Rivers is $145,000, 48% below the Wisconsin state median of $280,000. With a population of 11,271, Two Rivers is a smaller market where home prices tend to be more accessible than in many parts of Wisconsin.

Property taxes in Wisconsin average 1.76% annually. This higher-than-average tax rate means a $145,000 home in Two Rivers would carry roughly $213/month in property taxes alone — plan accordingly. Homeowners insurance in Wisconsin runs approximately $1,300 per year. This is within the normal range nationally.

Average rent in Two Rivers is $750/month. The price-to-rent ratio in Two Rivers is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Two Rivers offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Wisconsin's WHEDA First-Time Advantage program.

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