Saint Paul Mortgage Calculator
Estimate your monthly mortgage payment in Saint Paul, MN. On the local median home value of $275,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $1,764. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$1,391
- Property Tax$257
- Home Insurance$117
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $16,687 | $2,459 | $14,228 | $217,541 |
| 2 | $16,687 | $2,624 | $14,063 | $214,917 |
| 3 | $16,687 | $2,799 | $13,887 | $212,118 |
| 4 | $16,687 | $2,987 | $13,700 | $209,131 |
| 5 | $16,687 | $3,187 | $13,500 | $205,944 |
| 6 | $16,687 | $3,400 | $13,286 | $202,544 |
| 7 | $16,687 | $3,628 | $13,059 | $198,916 |
| 8 | $16,687 | $3,871 | $12,816 | $195,045 |
| 9 | $16,687 | $4,130 | $12,556 | $190,914 |
| 10 | $16,687 | $4,407 | $12,280 | $186,507 |
| 11 | $16,687 | $4,702 | $11,985 | $181,805 |
| 12 | $16,687 | $5,017 | $11,670 | $176,788 |
| 13 | $16,687 | $5,353 | $11,334 | $171,436 |
| 14 | $16,687 | $5,711 | $10,975 | $165,724 |
| 15 | $16,687 | $6,094 | $10,593 | $159,630 |
| 16 | $16,687 | $6,502 | $10,185 | $153,128 |
| 17 | $16,687 | $6,938 | $9,749 | $146,190 |
| 18 | $16,687 | $7,402 | $9,284 | $138,788 |
| 19 | $16,687 | $7,898 | $8,789 | $130,890 |
| 20 | $16,687 | $8,427 | $8,260 | $122,464 |
| 21 | $16,687 | $8,991 | $7,695 | $113,472 |
| 22 | $16,687 | $9,593 | $7,093 | $103,879 |
| 23 | $16,687 | $10,236 | $6,451 | $93,643 |
| 24 | $16,687 | $10,921 | $5,765 | $82,722 |
| 25 | $16,687 | $11,653 | $5,034 | $71,069 |
| 26 | $16,687 | $12,433 | $4,253 | $58,636 |
| 27 | $16,687 | $13,266 | $3,421 | $45,370 |
| 28 | $16,687 | $14,154 | $2,532 | $31,216 |
| 29 | $16,687 | $15,102 | $1,584 | $16,114 |
| 30 | $16,687 | $16,114 | $573 | $0 |
Swipe the table sideways to see all columns →
How to use this calculator
The Home Price field is pre-filled with the median home value in Saint Paul (about $275,000). Override with your target home's actual price to get a payment estimate for that specific property.
The Property Tax Rate is pre-filled with Minnesota's average effective rate of 1.12%. Within Minnesota, rates vary by county — if you know your specific local rate, override it for a more precise estimate.
Adjust the Down Payment slider to see how your payment changes. Below 20% down triggers PMI; the calculator adds it automatically and shows a warning.
Scroll down for the full PITI breakdown, monthly payment pie chart, and complete month-by-month amortization schedule.
How it works
Buying a median-priced home in Saint Paul. At $275,000 with a 20% down payment, you'd bring $55,000 to closing (plus closing costs) and take out a $220,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $1,391.
Annual costs on top of the loan. Minnesota's average property tax rate is 1.12%, so a median-priced Saint Paul home generates approximately $3,080 in annual property tax (about $257/mo when paid through escrow). Homeowner's insurance in Minnesota averages around $1,400/year.
Total monthly payment (PITI) on the median Saint Paul home works out to about $1,764 per month at current rates, assuming a 20% down payment and no HOA. If you're putting less than 20% down, add PMI to this — typically 0.5–1.5% of the loan balance per year.
Rates change; this is the math, not the offer. Mortgage rates fluctuate daily. Our default of 6.50% is a recent conventional 30-year benchmark — enter today's quoted rate from your lender for the most accurate payment estimate.
Frequently Asked Questions
Looking for a different city? Browse all cities. For Minnesota-specific property taxes, see the Minnesota Property Tax Calculator.