Minnesota Mortgage Calculator
Full PITI calculation with Minnesota property tax and insurance defaults.
Minnesota Mortgage Guide
Everything you need to know about getting a mortgage in Minnesota: property tax landscape, closing costs, and first time buyer programs.
At a glance
Minnesota by the numbers
- Median home value
- $315,000
- Effective property tax rate
- 1.11%
- Median annual property tax
- $3,000
- Avg. homeowners insurance
- $1,850/yr
- Transfer tax
- 0.330%
- Attorney required at closing
- No
Tools
Minnesota calculators
Minnesota Closing Costs
Transfer tax, title insurance, recording fees. Coming soon.
Minnesota First Time Buyer Programs
Housing finance agency programs and eligibility. Coming soon.