Mortgage Rates in Auburn Hills, Michigan — March 2026
Updated March 2026 | Based on Auburn Hills market data and regional lending conditions
Auburn Hills is a growing city in Michigan with a population of 24,382. The current 30-year fixed mortgage rate in Auburn Hills is 6.83%, which is 0.18% above the national average. With a median home price of $218,000 and a 20% down payment of $43,600, homebuyers can expect a monthly principal and interest payment of approximately $1,140.
Current Mortgage Rates in Auburn Hills, MI
Below are the current average mortgage rates available in the Auburn Hills area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.05% | 5.89% | +0.16% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Auburn Hills Housing Market Overview
The Auburn Hills housing market offers relatively affordable housing compared to many major cities. The median household income in Auburn Hills is $49,800, and the cost of living index is 86.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $61,543 to comfortably afford the median-priced home in Auburn Hills, which exceeds the current median household income.
Monthly Payment Breakdown for Auburn Hills
Based on the median home price of $218,000 with 20% down ($43,600), here is what you can expect to pay monthly in Auburn Hills:
15-Year vs. 30-Year Mortgage in Auburn Hills
Choosing a 15-year mortgage in Auburn Hills at 6.05% instead of a 30-year at 6.83% would save you $144,720 in total interest over the life of the loan. However, your monthly payment would be $1,476 instead of $1,140 — an increase of $336 per month.
Calculate Your Auburn Hills Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Auburn Hills
What are the current mortgage rates in Auburn Hills, MI?
As of March 2026, the average 30-year fixed mortgage rate in Auburn Hills, Michigan is 6.83%, while the 15-year fixed rate is 6.05%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Auburn Hills?
Based on the median home price of $218,000 with 20% down, the estimated monthly mortgage payment in Auburn Hills is $1,140 for principal and interest. Including property taxes of $296/month, the total monthly housing cost is approximately $1,436.
What income do I need to buy a home in Auburn Hills?
Using the 28% rule, you would need an annual income of approximately $61,543 to afford the median-priced home in Auburn Hills at $218,000. The median household income in Auburn Hills is $49,800. This means most households would need to either earn above the median or consider homes below $218,000.
Is Auburn Hills a good place to buy a home in 2026?
Auburn Hills offers a below-average cost of living with a cost of living index of 86.7 (national average = 100). The property tax rate in Michigan is 1.63%, which is above the national average. Auburn Hills has a population of 24,382 and offers a very affordable lifestyle.
Mortgage Rates in Other Michigan Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Auburn Hills, Michigan area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.