Total monthly payment
$2,102.82
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
on NBKC
NBKC
Min. credit score
620
Min. down payment
3%
on New American Funding
New American Funding
Min. credit score
N/A
Min. down payment
0%
on Rocket Mortgage, LLC
Rocket Mortgage, LLC
Min. credit score
580
Min. down payment
3.5%
on Veterans United
Veterans United
Min. credit score
620
Min. down payment
0%
on Tomo
Tomo
Min. credit score
600
Min. down payment
3%
| Product | Interest rate | APR |
|---|---|---|
| 30-year fixed-rate | 6.838% | 6.844% |
| 20-year fixed-rate | 6.803% | 6.813% |
| 15-year fixed-rate | 6.043% | 6.053% |
| 10-year fixed-rate | 5.875% | 5.878% |
| 7-year ARM | 7.043% | 6.880% |
| 5-year ARM | 6.375% | 6.410% |
| 30-year fixed-rate FHA | 6.250% | 6.987% |
| 30-year fixed-rate VA | 6.044% | 6.382% |
6.844%
30-year fixedToday's mortgage rates in Minnesota are 6.844% for a 30-year fixed, 6.053% for a 15-year fixed, and 6.410% for a 5-year adjustable-rate mortgage (ARM).
Taking U.S. Census data, NerdWallet has crunched the numbers to help you understand what property tax rate you can expect to pay on your future home in Minnesota. Because assessed values aren't frequently updated, you may pay a higher rate at first but eventually you'll pay a similar rate.
| County | Avg. property tax rate | Median home value |
|---|---|---|
| Aitkin County | 0.58% | $222,100 |
| Anoka County | 0.97% | $336,200 |
| Becker County | 0.73% | $249,600 |
| Beltrami County | 0.86% | $203,900 |
| Benton County | 0.97% | $229,300 |
| Big Stone County | 0.83% | $115,000 |
| Blue Earth County | 0.98% | $255,700 |
| Brown County | 1.01% | $165,200 |
| Carlton County | 1.07% | $218,000 |
| Carver County | 1.03% | $410,400 |
| Cass County | 0.62% | $241,000 |
| Chippewa County | 1.01% | $138,900 |
| Chisago County | 1.10% | $299,800 |
| Clay County | 1.09% | $249,300 |
| Clearwater County | 0.77% | $161,800 |
| Cook County | 0.76% | $289,500 |
| Cottonwood County | 1.10% | $141,600 |
| Crow Wing County | 0.77% | $303,700 |
| Dakota County | 0.99% | $364,900 |
| Dodge County | 1.01% | $245,800 |
| Douglas County | 0.85% | $277,800 |
| Faribault County | 0.95% | $116,000 |
| Fillmore County | 0.81% | $196,200 |
| Freeborn County | 1.10% | $154,700 |
| Goodhue County | 0.98% | $254,500 |
| Grant County | 0.87% | $161,100 |
| Hennepin County | 1.13% | $377,100 |
| Houston County | 1.01% | $216,400 |
| Hubbard County | 0.77% | $245,500 |
| Isanti County | 0.97% | $262,500 |
| Itasca County | 0.86% | $198,500 |
| Jackson County | 0.84% | $140,500 |
| Kanabec County | 1.00% | $205,400 |
| Kandiyohi County | 0.93% | $214,600 |
| Kittson County | 0.87% | $122,100 |
| Koochiching County | 0.75% | $132,200 |
| Lac qui Parle County | 0.84% | $127,300 |
| Lake County | 0.74% | $200,900 |
| Lake of the Woods County | 0.89% | $204,300 |
| Le Sueur County | 0.97% | $271,900 |
| Lincoln County | 0.93% | $139,500 |
| Lyon County | 0.97% | $177,600 |
| Mahnomen County | 0.92% | $132,900 |
| Marshall County | 0.85% | $140,900 |
| Martin County | 0.97% | $148,100 |
| McLeod County | 1.10% | $214,300 |
| Meeker County | 0.87% | $216,800 |
| Mille Lacs County | 0.98% | $221,300 |
| Morrison County | 0.84% | $220,600 |
| Mower County | 0.95% | $158,000 |
| Murray County | 0.78% | $163,500 |
| Nicollet County | 1.07% | $240,700 |
| Nobles County | 0.89% | $161,000 |
| Norman County | 0.91% | $129,300 |
| Olmsted County | 1.04% | $295,600 |
| Otter Tail County | 0.76% | $234,200 |
| Pennington County | 1.11% | $173,800 |
| Pine County | 0.90% | $207,100 |
| Pipestone County | 0.83% | $126,500 |
| Polk County | 1.01% | $204,600 |
| Pope County | 0.73% | $225,900 |
| Ramsey County | 1.19% | $313,900 |
| Red Lake County | 0.96% | $150,700 |
| Redwood County | 0.80% | $138,700 |
| Renville County | 0.94% | $138,200 |
| Rice County | 1.02% | $312,800 |
| Rock County | 0.72% | $189,100 |
| Roseau County | 1.02% | $164,200 |
| Scott County | 1.01% | $395,200 |
| Sherburne County | 1.01% | $339,900 |
| Sibley County | 0.98% | $196,600 |
| St. Louis County | 1.04% | $214,900 |
| Stearns County | 0.95% | $266,200 |
| Steele County | 1.21% | $217,100 |
| Stevens County | 0.92% | $170,700 |
| Swift County | 0.83% | $132,400 |
| Todd County | 0.96% | $173,200 |
| Traverse County | 0.81% | $109,300 |
| Wabasha County | 1.00% | $230,400 |
| Wadena County | 1.05% | $163,400 |
| Waseca County | 1.16% | $191,800 |
| Washington County | 0.98% | $406,700 |
| Watonwan County | 1.07% | $119,200 |
| Wilkin County | 0.76% | $169,100 |
| Winona County | 0.84% | $203,500 |
| Wright County | 0.99% | $339,500 |
| Yellow Medicine County | 1.01% | $145,400 |
