Michigan Mortgage Calculator
Full PITI calculation with Michigan property tax and insurance defaults.
Michigan Mortgage Guide
Everything you need to know about getting a mortgage in Michigan: property tax landscape, closing costs, and first time buyer programs.
At a glance
Michigan by the numbers
- Median home value
- $220,000
- Effective property tax rate
- 1.38%
- Median annual property tax
- $2,730
- Avg. homeowners insurance
- $1,400/yr
- Transfer tax
- 0.860%
- Attorney required at closing
- No
Tools
Michigan calculators
Michigan Closing Costs
Transfer tax, title insurance, recording fees. Coming soon.
Michigan First Time Buyer Programs
Housing finance agency programs and eligibility. Coming soon.