Calculate your monthly mortgage payments in Michigan with our free calculator. Includes local property tax rates and insurance estimates.
Michigan offers several programs for first-time home buyers:
| County | Tax Rate | Median Home Value |
|---|---|---|
| Wayne County | 1.69% | $175,000 |
| Oakland County | 1.51% | $325,000 |
| Macomb County | 1.62% | $215,000 |
| Kent County | 1.47% | $245,000 |
| Genesee County | 1.73% | $155,000 |
| Washtenaw County | 1.58% | $335,000 |
| Ingham County | 1.65% | $185,000 |
| Ottawa County | 1.45% | $275,000 |
| Kalamazoo County | 1.55% | $205,000 |
| Saginaw County | 1.71% | $135,000 |
Key considerations for Michigan mortgages:
Data sources: State property tax records, county assessor offices, and local real estate data.
Last updated: 12/22/2024