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Milwaukee Mortgage Calculator

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

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Est. Total Monthly Cost
$1,189
P&I Payment$777
Taxes & Ins$155
Utilities$257
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Mortgage Details

$146,310
Local Median: $146,310
$29,262 (20%)
%

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

Local Area Costs

Monthly$1,189

Monthly Breakdown

Principal & Interest
$777
Property Taxes
$98
Homeowners Ins.
$56
Utilities
$257

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$162,698

Local Housing Facts for Milwaukee

  • ·Median home value: $146,310 (adjusted for current market conditions)
  • ·Est. property taxes: $1,180/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $676/yr — based on local per-$1K premium rates
  • ·Energy utilities: $3,085/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 Milwaukee?

Based on the local median home value, estimated real estate property taxes in Milwaukee are around $1,180 per year.

What is the average home price in Milwaukee?

The median home value in Milwaukee is currently estimated at $146,310.

How much does homeowners insurance cost in Milwaukee?

For a median priced home, homeowners insurance in Milwaukee averages around $676 annually.

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

True homeownership costs go beyond principal and interest. In Milwaukee, a typical homeowner with a median-priced home of $146,310 can expect to pay roughly $1,180/yr in property taxes, $676/yr for homeowners insurance, and $3,085/yr in energy utilities. That adds approximately $412 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.