Sterling Heights, MI mortgage calculator

Sterling Heights
Mortgage
Calculator

Sterling Heights is metro Detroit's largest suburb, with a strong defense and automotive-supplier economy anchored by the US Army's Detroit Arsenal. Macomb County's tax rate applies, and above-median incomes support steady housing demand.

2.21% county property tax
Real local rates
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$
Interest rate6.48%
Monthly payment
$1,899
P&I · Taxes · Insurance
Total interest
$264,308
Principal & Interest$1,312/mo
Property Tax (2.21%)$479/mo
Homeowners Insurance$108/mo

Recommended for incomes above $85k/yr (28% DTI rule)

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2.21%
Sterling Heights area property tax rate
$260,000
Sterling Heights median home price
$1,899
est. monthly payment at defaults

Sterling Heights housing market

$260,000
Median home price
$75,000
Median household income
132,427
City population

The 2.21% property tax rate reflects the county-level effective rate for Sterling Heights and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Michigan average — county-level data produces more accurate monthly payment estimates for Sterling Heights buyers. Many Sterling Heights properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.

Rate history

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