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Mortgage Calculator &
Closing Costs: Lander, WY

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

Median Home Price
$295K
Population
8K
Avg Monthly Rent
$1,050
Property Tax Rate
0.61%
Lander vs Wyoming Median
The median home price in Lander is $295,000, which is 13% below the Wyoming state median of $340,000.

Mortgage Calculator — Lander, WY

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

$
$59,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$1,792
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,492
per month
Taxes & Insurance
$300
per month
Total Interest Paid
$301K
over 30 years
Total Loan Cost
$537K
all payments
Payment Breakdown
Loan Amount$236,000
Principal & Interest$1,492
Property Taxes$150
Homeowners Insurance$150
Total Monthly PITI$1,792

Closing Costs — Lander, WY

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

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$9,183
3.1% of purchase price
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Lender Fees
$2,549
origination, underwriting
Third-Party
$2,925
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,709
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,124
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,775
Recording Fee$150
Prepaid Taxes (3 mo)$450
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$709
Escrow Reserves$750
Total Closing Costs$9,183

Buying a Home in Lander, Wyoming

The median home price in Lander is $295,000, 13% below the Wyoming state median of $340,000. With a population of 7,651, Lander is a smaller market where home prices tend to be more accessible than in many parts of Wyoming.

Property taxes in Wyoming average 0.61% annually. This low property tax rate is a significant advantage for Lander 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 Lander is $1,050/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.

Lander presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

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Compare total costs of renting vs buying in Lander.
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