South Dakota Mortgage Calculator
Calculate your monthly mortgage payment for homes in South Dakota, factoring in local property taxes, home insurance, and HOA fees.
Why calculating mortgage in South Dakota is different
South Dakota has no state income tax.
State Income Tax
None
Base Sales Tax
4.5%
State Min Wage
$11.20 / hr
Abbreviation
SD
South Dakota Mortgage Interactive Tool
This calculator uses the latest 2026 data for South Dakota, including the minimum wage of $11.20 and the specific lack of a state income tax.
Frequently Asked Questions about South Dakota Mortgage
How much are typical closing costs in South Dakota?
Closing costs in South Dakota typically range from 2% to 5% of the total loan amount. This includes state-specific mortgage recording taxes and title fees.
Should I buy a home in South Dakota?
Buying a home in South Dakota requires factoring in the local property tax rates and home insurance costs, which can vary drastically between different counties.