South Dakota Mortgage Calculator
How Much Will Your Mortgage Be in South Dakota?
Looking to buy real estate in South Dakota? Each state is different when it comes to housing trends, taxes, and the strength of the local economy, among other variables, which means it pays to consider multiple factors before deciding whether or not to purchase property.
New American Funding has put together a list of major aspects influencing home buying in South Dakota so you know everything you need to prior to getting a mortgage. Our South Dakota mortgage calculator can give you a clear picture of just how much home you can afford in South Dakota, so make sure you take advantage of this extremely helpful feature. If you want to move to South Dakota, see First-time Homebuyer Guide for South Dakota. Also, see FHA Loan in South Dakota for details and requirements for a home in the state.
Let's calculate your South Dakota Mortgage Payment
Monthly Payment Breakdown
Principal & Interest
$1,117
Property Taxes
$217
Mortgage Insurance
$0
Homeowner's Insurance
$0
HOA
$0
Additional Payment
$0
Legal Disclosure
Monthly payments shown constitute an estimate and are provided for illustrative and educational purposes only. The calculations provided are based on data entered by the user. The amounts displayed are not guaranteed and what you actually pay may be different. Results do not reflect all loan programs and are subject to individual program loan limits. This does not constitute an offer for a mortgage and is not a commitment to lend nor is it an advertisement for the above interest rate, loan terms or payment. Contact a Loan Officer for assistance.
Amortization
| Year | Principal & Interest | Principal | Interest | Balance |
|---|---|---|---|---|
| 2025 | $8,934 | $1,107 | $7,827 | $165,894 |
| May | $1,118 | $136 | $982 | $166,865 |
| Jun | $1,118 | $137 | $981 | $166,729 |
| Jul | $1,118 | $138 | $980 | $166,591 |
| Aug | $1,117 | $138 | $979 | $166,454 |
| Sep | $1,117 | $139 | $978 | $166,315 |
| Oct | $1,118 | $140 | $978 | $166,175 |
| Nov | $1,118 | $141 | $977 | $166,035 |
| Dec | $1,118 | $142 | $976 | $165,894 |
| 2026 | $13,401 | $1,761 | $11,640 | $164,133 |
| 2027 | $13,401 | $1,889 | $11,512 | $162,244 |
| 2028 | $13,401 | $2,027 | $11,374 | $160,217 |
| 2029 | $13,401 | $2,175 | $11,226 | $158,043 |
We understand the mortgage process can be a lot
If you don't see the answers you're looking for, please reach out to one of our loan officers. We are dedicated to helping you make informed financial decisions for your future.
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