Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Edina Mortgage Calculator

Estimate your true cost of homeownership in Edina with localized property taxes, insurance, and utility data.

← Back to Edina Hub
Est. Total Monthly Cost
$4,668
P&I Payment$3,641
Taxes & Ins$831
Utilities$195
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Edina scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$695,382
Local Median: $695,382
$139,076 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$4,668

Monthly Breakdown

Principal & Interest
$3,641
Property Taxes
$571
Homeowners Ins.
$260
Utilities
$195

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$754,512

Local Housing Facts for Edina

  • ·Median home value: $695,382 (adjusted for current market conditions)
  • ·Est. property taxes: $6,855/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $3,119/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,343/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Edina?

Based on the local median home value, estimated real estate property taxes in Edina are around $6,855 per year.

What is the average home price in Edina?

The median home value in Edina is currently estimated at $695,382.

How much does homeowners insurance cost in Edina?

For a median priced home, homeowners insurance in Edina averages around $3,119 annually.

What is the true total cost of owning a home in Edina?

True homeownership costs go beyond principal and interest. In Edina, a typical homeowner with a median-priced home of $695,382 can expect to pay roughly $6,855/yr in property taxes, $3,119/yr for homeowners insurance, and $2,343/yr in energy utilities. That adds approximately $1,026 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.