The saleExample figures — type over them
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County transfer tax is the same statewide rate ($0.55 per $500). County is used for the local-practice notes.
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Commission
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Negotiated separately since August 2024. Set this to 0 if the buyer is paying their own agent.
Title & closing costsSeller pays in Michigan
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Auto-calculated from the Michigan rate schedule. Type over it with your title company's quote.
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$
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Taxes & other
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Summer and winter bills combined.
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Estimated from your closing date on the Michigan July 1 / December 1 bill cycle.
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$
Compare up to three offersUses your net sheet's fixed costs
Net to seller, side by side
The purchase
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%
%
Michigan property tax
mills
Michigan taxes the taxable value, roughly half of market value. A non-homestead rate in Metro Detroit often runs 55–75 mills; homestead 35–50.
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Closing costsBuyer side
%
$
$
$
Simultaneous-issue rate when the seller buys the owner's policy.
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$
Your numbers
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Before taxes. Include everything a lender will count.
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Car, student loans, credit-card minimums, child support. Not utilities or groceries.
%
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%
mills
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Estimates only. These worksheets are a planning tool, not a title commitment, a Loan Estimate, or a Closing Disclosure, and they are not legal or tax advice. Title premiums, settlement fees and proration customs vary by underwriter and by municipality; your title company's figures govern. Michigan transfer tax is calculated at the statutory $3.75 state and $0.55 county per $500 of consideration. Loan figures assume a fixed rate and do not constitute a commitment to lend.