Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Milwaukee Mortgage Calculator

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

← Back to Milwaukee Hub
Est. Total Monthly Cost
$1,625
P&I Payment$1,110
Taxes & Ins$328
Utilities$186
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Milwaukee scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$211,743
Local Median: $211,743
$42,349 (20%)
%

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

Local Area Costs

Monthly$1,625

Monthly Breakdown

Principal & Interest
$1,110
Property Taxes
$294
Homeowners Ins.
$35
Utilities
$186

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$230,318

Local Housing Facts for Milwaukee

  • ·Median home value: $211,743 (adjusted for current market conditions)
  • ·Est. property taxes: $3,525/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $415/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,232/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 $3,525 per year.

What is the average home price in Milwaukee?

The median home value in Milwaukee is currently estimated at $211,743.

How much does homeowners insurance cost in Milwaukee?

For a median priced home, homeowners insurance in Milwaukee averages around $415 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 $211,743 can expect to pay roughly $3,525/yr in property taxes, $415/yr for homeowners insurance, and $2,232/yr in energy utilities. That adds approximately $514 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.