South Dakota Mortgage Calculator

Estimate your monthly payment in South Dakota — including property tax (1.11% effective rate), home insurance, and PMI. Pre-filled with South Dakota averages for 2026.

$
%

= $60,000 down

%
years
Estimated payment
Total monthly payment
$2,051
Principal & interest
$1,557
Property tax (1.11%)
$278
Home insurance
$217
Loan amount
$240,000
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Mortgage costs in South Dakota

Median home price
$300,000
Effective property tax
1.11%
Typical home insurance
$2,600/yr

The average South Dakota homeowner pays roughly $278/month in property tax on a median-priced home, plus about $217/month in home insurance. Property tax is billed by your county — actual rates vary from the state average, so check your county assessor's site for exact figures.

How much house can I afford in South Dakota?

A common rule is to keep total housing costs (PITI) under 28% of gross monthly income. At current rates, buying the median South Dakota home ($300,000) with 20% down requires roughly $87,892 in annual income.

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