Calculate your Minnesota mortgage payment with state-specific property tax rates (1.12% average), income tax (5.35% - 9.85%), and 2026 conforming loan limits.
MN average: 1.12%
Minnesota has a progressive income tax and above-average property taxes.
Some counties go up to $1,209,750.
Minnesota has a state income tax with rates of 5.35% - 9.85%.
The calculator handles state + federal tax.
Minnesota's typical property tax rate sits at 1.12%. Check with your county tax office for the exact rate where you live.
Minnesota Housing offers down payment assistance and favorable loan terms for qualifying first-time buyers in Minnesota.
Their site has eligibility info.
County rates differ.
The calculator handles state + federal tax.
For 2026, the conforming loan limit for a single-family home in Minnesota is $806,500. Past this threshold, you are in jumbo territory.
Yes, the Minnesota Housing offers down payment assistance, low-interest rates, and special programs for first-time buyers. There are income caps and purchase price restrictions. Eligibility details change, so verify on their site.
You can buy with 3% down (3.5% FHA, 0% VA/USDA).