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How Much Will Your Mortgage Be in Michigan?

The Great Lakes State of Michigan has a population of 10 million people and has seen consistent growth in the number of residents. It is ranked the tenth most-populous state in the U.S. and boasts an affordable housing market. In fact, the market has seen rapid growth over the years.

The average home experienced a surge in value of 9.3% in 2018 alone, and homes are averaging only a month on the market before they are purchased.

Let's Calculate Your Michigan Mortgage Payment

The dollar amount you expect to pay for a home
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This is the initial payment you put toward the cost of your new home. How much do you plan to put down? You could put little-to-no money down depending on your loan type. However, when you enter a higher down payment into the mortgage calculator, it lowers your estimated monthly payment
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ADVANCED OPTIONS

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$0 Estimated Monthly Payment | 0% Mortgage Rate

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Michigan Home and Mortgage
Stats to Know

County Avg. Home Price Avg. Days on Market
COUNTY
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Source of Info PropertyPath

How low will your payment be?