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48124 Mortgage Calculator

Estimate your true cost of homeownership in ZIP Code 48124 with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$1,959
P&I Payment$1,345
Taxes & Ins$390
Utilities$225
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Mortgage Details

$251,684
Local Median: $251,684
$50,337 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$1,959

Monthly Breakdown

Principal & Interest
$1,345
Property Taxes
$339
Homeowners Ins.
$51
Utilities
$225

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$282,749

Local Housing Facts for ZIP Code 48124

  • ·Median home value: $251,684 (adjusted for current market conditions)
  • ·Est. property taxes: $4,066/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $615/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,695/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in DEARBORN?

Based on the local median home value, estimated real estate property taxes in DEARBORN are around $4,066 per year.

What is the average home price in DEARBORN?

The median home value in DEARBORN is currently estimated at $251,684.

How much does homeowners insurance cost in DEARBORN?

For a median priced home, homeowners insurance in DEARBORN averages around $615 annually.

What is the true total cost of owning a home in DEARBORN?

True homeownership costs go beyond principal and interest. In DEARBORN, a typical homeowner with a median-priced home of $251,684 can expect to pay roughly $4,066/yr in property taxes, $615/yr for homeowners insurance, and $2,695/yr in energy utilities. That adds approximately $615 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.