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Lake Benton Mortgage Calculator

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

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Est. Total Monthly Cost
$1,491
P&I Payment$983
Taxes & Ins$207
Utilities$301
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Mortgage Details

$187,497
Local Median: $187,497
$37,499 (20%)
%

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

Local Area Costs

Monthly$1,491

Monthly Breakdown

Principal & Interest
$983
Property Taxes
$117
Homeowners Ins.
$90
Utilities
$301

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$203,801

Local Housing Facts for Lake Benton

  • ·Median home value: $187,497 (adjusted for current market conditions)
  • ·Est. property taxes: $1,402/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,077/yr — based on local per-$1K premium rates
  • ·Energy utilities: $3,614/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 Lake Benton?

Based on the local median home value, estimated real estate property taxes in Lake Benton are around $1,402 per year.

What is the average home price in Lake Benton?

The median home value in Lake Benton is currently estimated at $187,497.

How much does homeowners insurance cost in Lake Benton?

For a median priced home, homeowners insurance in Lake Benton averages around $1,077 annually.

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

True homeownership costs go beyond principal and interest. In Lake Benton, a typical homeowner with a median-priced home of $187,497 can expect to pay roughly $1,402/yr in property taxes, $1,077/yr for homeowners insurance, and $3,614/yr in energy utilities. That adds approximately $508 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.