Milwaukee, WI mortgage calculator

Milwaukee
Mortgage
Calculator

Milwaukee is Wisconsin's largest city, with a manufacturing and healthcare economy along Lake Michigan. Milwaukee County's property tax rate is among the highest in the Midwest, meaning taxes are a large share of the monthly payment despite low home prices.

2.75% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,396
P&I · Taxes · Insurance
Total interest
$182,983
Principal & Interest$908/mo
Property Tax (2.75%)$413/mo
Homeowners Insurance$75/mo

Recommended for incomes above $60k/yr (28% DTI rule)

Compare lenders for this loan →
2.75%
Milwaukee area property tax rate
$180,000
Milwaukee median home price
$1,396
est. monthly payment at defaults

Milwaukee housing market

$180,000
Median home price
$45,000
Median household income
577,222
City population

The 2.75% property tax rate reflects the county-level effective rate for Milwaukee and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Wisconsin average — county-level data produces more accurate monthly payment estimates for Milwaukee buyers. Many Milwaukee properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.

Rate history

FAQ

Frequently Asked Questions