Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>South Dakota>Union County (Conventional)

Union County Conventional Mortgage Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Union County, South Dakota based on real HMDA transaction records.

Loan Details

Union County, SD Benchmarks

Conventional averages
Typical Property Value$433,225
Average Down Payment25.0%
Average Interest Rate7.024%
Effective Tax Rate1.12%
Median Tax Paid$3,317/yr
Tax Growth (Historical)+7.4%
Based on 231 regional loans totaling $53,975,000 (HMDA database).
$
%

$108,306 down · $324,919 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$404 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,720/mo

  • Principal & Interest$2,166
  • Property Tax$404
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$324,919

Total Interest

$454,862

Total of Payments

$779,781

Local Market Insights

Union County Conventional Mortgage Overview

Union County homebuyers using a Conventional loan are putting down a substantial 24.98%, resulting in a low 75.02% loan-to-value ratio. This strong equity position typically eliminates the need for Private Mortgage Insurance (PMI), reducing monthly costs. With an average property value of $433,225 and a 7.024% rate, the effective 1.12% property tax rate adds $404 monthly. However, the recent 7.4% inflation-adjusted tax increase will raise that figure, impacting true affordability for those using a Conventional mortgage calculator with property taxes in Union County, SD.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.