Home / St. Paul, MN
Mortgage Calculator — St. Paul, MN
Median home price in St. Paul: $290,000. Monthly payment: $1,544/month (20% down, 7%, 30yr). Property tax rate: 1.16%.
= $58,000
Monthly Payment
$1,544
Loan Amount
$232,000
Total Interest
$323,661
Total Cost
$613,661
Payment Breakdown
Down Payment$58,000 (9.5%)
Principal$232,000 (37.8%)
Total Interest$323,661 (52.7%)
St. Paul Mortgage Payments by Rate
| Rate | 15-Year | 30-Year | Total Interest (30yr) |
|---|---|---|---|
| 5.5% | $1,896 | $1,317 | $242,217 |
| 6% | $1,958 | $1,391 | $268,745 |
| 6.5% | $2,021 | $1,466 | $295,903 |
| 6.75% | $2,053 | $1,505 | $309,709 |
| 7% | $2,085 | $1,544 | $323,661 |
| 7.25% | $2,118 | $1,583 | $337,754 |
| 7.5% | $2,151 | $1,622 | $351,984 |
| 8% | $2,217 | $1,702 | $380,840 |
St. Paul Property Tax & Total Housing Cost
Property Tax Rate
1.16%
$3,364/year
Monthly P&I
$1,544
20% down, 7%, 30yr
Est. Total Monthly
$1,824
P&I + property tax
Affordability in St. Paul
10% down ($29,000)$86,433/yr needed
15% down ($43,500)$82,299/yr needed
20% down ($58,000)$78,164/yr needed
25% down ($72,500)$74,030/yr needed
Based on 28% housing cost rule. Includes property tax.