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Prior Lake Mortgage Calculator

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

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Est. Total Monthly Cost
$3,324
P&I Payment$2,416
Taxes & Ins$698
Utilities$211
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Mortgage Details

$460,744
Local Median: $460,744
$92,149 (20%)
%

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

Local Area Costs

Monthly$3,324

Monthly Breakdown

Principal & Interest
$2,416
Property Taxes
$359
Homeowners Ins.
$339
Utilities
$211

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$500,985

Local Housing Facts for Prior Lake

  • ·Median home value: $460,744 (adjusted for current market conditions)
  • ·Est. property taxes: $4,303/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $4,073/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,526/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 Prior Lake?

Based on the local median home value, estimated real estate property taxes in Prior Lake are around $4,303 per year.

What is the average home price in Prior Lake?

The median home value in Prior Lake is currently estimated at $460,744.

How much does homeowners insurance cost in Prior Lake?

For a median priced home, homeowners insurance in Prior Lake averages around $4,073 annually.

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

True homeownership costs go beyond principal and interest. In Prior Lake, a typical homeowner with a median-priced home of $460,744 can expect to pay roughly $4,303/yr in property taxes, $4,073/yr for homeowners insurance, and $2,526/yr in energy utilities. That adds approximately $909 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.