Minnesota
Minnesota Mortgage Calculator
Pre-filled for Minnesota: median home price $350,000, average property tax rate 1.05%. Adjust any slider to make it yours.
Buying a home in Minnesota
The median home price in Minnesota is around $350,000, and the effective property tax rate averages 1.05%. Most lenders look for a debt-to-income (DTI) ratio under 43%, meaning your total monthly debt payments (including this mortgage) shouldn't exceed 43% of your gross income.