South Dakota Mortgage Calculator
Estimate the monthly PITI payment on a South Dakota home. Preseeded with the state’s 1.17% effective property-tax rate, $2,700 average annual insurance, and $270,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$1,944
- Principal & Interest
- $1,365
- Property Taxes
- $263
- Home Insurance
- $225
- PMI
- $90
Total Interest
$275,496
Total Cost
$667,266
Payoff Year
2056
South Dakota Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 1.17%
- Avg annual insurance
- $2,700
- Median home price
- $270,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable South Dakota Rules
South Dakota has no state income tax. Owner-occupied dwellings receive a reduced rate compared to commercial property. The state offers an assessment freeze for homeowners 65+ with income under the threshold, locking in the property's assessed value.
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Frequently Asked Questions
- South Dakota's statewide effective property-tax rate is approximately 1.17% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.