Pre-loaded with Grand Rapids's illustrative property tax assumption (1.62%) and median home price ($290,000). Get a personalized rate quote in 2 minutes — free.
Your estimate: $1,968/month on a $290,000 home with $58,000 down. Request a free quote in about 2 minutes.
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The median home price in Grand Rapids is $290,000, with an average property tax rate of 1.62% in Grand Rapids area. A typical 30-year fixed usda loan on a median-priced home in Grand Rapids with 20% down would result in an estimated monthly payment of $1,968, including principal, interest, and property taxes.
USDA loans help low-to-moderate income buyers purchase homes in eligible rural and suburban areas. Zero down payment and reduced mortgage insurance.
Use the calculator above with Grand Rapids's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving Michigan.
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