Compare Grand Haven, MI mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Grand Haven.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Grand Haven. Plus, shopping lenders is free and there is no obligation.
September 11, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Grand Haven. Understand how much you need to earn to afford a home in Grand Haven, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Grand Haven fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Grand Haven is right for you.
The median home value for Grand Haven, MI (Ottawa County) is $301,192
Based on current mortgage rates and a 10% down payment, you need to make $62,834 per year to buy the median priced home in Grand Haven
With this income, you could qualify for a $271,073 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Grand Haven is $1,455
The median household income for Grand Haven, MI (Ottawa County) is $80,271
Based on this income, you can afford a home valued at approximately $384,779
The home price you can afford to buy based on household income in Grand Haven is 128% of the median home value which means housing prices are average. Grand Haven (Ottawa County) ranks 77 out of 83 counties in Michigan and 2,373 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Grand Haven, MI is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Grand Haven (Ottawa County) below.
Conforming loan limits for Grand Haven, MI
FHA loan limits for Grand Haven, MI