M
MortgageMath
Free mortgage calculators for every state

Mortgage Calculator &
Closing Costs: Jackson, WY

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

Median Home Price
$1.3M
Population
11K
Avg Monthly Rent
$2,850
Property Tax Rate
0.61%
Jackson vs Wyoming Median
The median home price in Jackson is $1,250,000, which is 268% above the Wyoming state median of $340,000.

Mortgage Calculator — Jackson, WY

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

$
$250,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$7,106
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$6,321
per month
Taxes & Insurance
$785
per month
Total Interest Paid
$1.3M
over 30 years
Total Loan Cost
$2.3M
all payments
Payment Breakdown
Loan Amount$1,000,000
Principal & Interest$6,321
Property Taxes$635
Homeowners Insurance$150
Total Monthly PITI$7,106

Closing Costs — Jackson, WY

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

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$26,043
2.1% of purchase price
Lender Fees
$9,425
origination, underwriting
Third-Party
$7,700
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$8,918
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$9,000
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$6,550
Recording Fee$150
Prepaid Taxes (3 mo)$1,906
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$3,005
Escrow Reserves$2,206
Total Closing Costs$26,043

Buying a Home in Jackson, Wyoming

The median home price in Jackson is $1,250,000, 268% above the Wyoming state median of $340,000. With a population of 10,729, Jackson is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Wyoming average 0.61% annually. This low property tax rate is a significant advantage for Jackson 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 Jackson is $2,850/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.

Jackson is a higher-cost market. At $1.3M median, buyers need significant savings or strong income. Down payment assistance through Wyoming's WCDA Spruce Up Wyoming program becomes especially important.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Jackson.
Rent vs Buy Calculator →
Explore all of Wyoming: Wyoming Mortgage Calculator & Closing Costs →

Related Guides

The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.