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Home buying & selling calculators for the Twin Cities

Free calculators for Minnesota buyers and sellers, from your monthly payment to what you'll net at closing. Run the numbers on your own, then bring them to a Pederson agent when you're ready.

Reviewed by Chad Pederson, REALTOR®Updated

I'm planning to...Buy a homeSell my homeSell and buyJust exploring

Home buying calculators

Know your payment and your price range before you tour.

Rates as of : 30-Year Fixed Conforming national average 7.15%. Source: Optimal Blue via FRED.

Example$2,045/mo$300,000 home, 20% down, 30 years at 7.15%Mortgage PaymentEstimate your monthly payment with principal, interest, property taxes, and insurance. Includes a yearly amortization schedule.Open calculator Example$376,321$80,000 income, $500 monthly debts, $30,000 down, at 7.15%AffordabilitySee the highest home price that fits your income, monthly debts, and down payment, based on standard lending ratios.Open calculator Next stepReady to Get Pre-Approved?Our lending partners will turn your estimate into a real number for your situation.Learn about getting a mortgage

Home selling calculator

Find out what you could walk away with.

Example$123,360 net$400,000 sale, $250,000 payoff, 6% commissionNet ProceedsEstimate your cash at closing after the loan payoff, commissions, title fees, and Minnesota's deed tax.Open calculator
Want a sharper number?The calculator needs a sale price. We can give you a real one.Request a free pricing analysis based on recent NorthstarMLS sales near you.Get my home's value

Selling and buying at the same time

See all four together

Four tools that work as one plan. Enter your current home and your next home once, and every step uses the same numbers. These four keep your numbers in your browser.

  1. 01Monthly PaymentHow would your monthly housing cost change between the home you have and the one you want?Start here
  2. 02Cash Left After MovingCombine sale proceeds, savings, purchase costs, and moving expenses into one cash estimate.Open
  3. 03Offer OptionsCompare a lower price, seller-paid closing costs, or a rate buydown side by side.Open
  4. 04Now or WaitCompare moving now with a future scenario using price and rate assumptions you choose.Open

More ways to plan

Guides, programs, and local market data.

Quick answers for Minnesota buyers and sellers

Short answers first, then the calculator that goes deeper.

How much house can I afford in the Twin Cities?

It depends on your income, monthly debts, down payment, and interest rate, plus local property taxes and insurance. Lenders often look at how much of your gross income goes to housing and to all debts combined. Try the affordability calculator to see a price based on those ratios.

What will my monthly mortgage payment include?

Most payments include principal and interest, property taxes, and homeowners insurance. Some loans also include mortgage insurance or HOA dues. Estimate your payment for a specific price and down payment.

How much will I walk away with when I sell my home in Minnesota?

Start with your sale price, then subtract your mortgage payoff, commissions, title and closing fees, and Minnesota's state deed tax. What's left is your net proceeds. Calculate your net proceeds.

Should I sell my house before I buy the next one?

There's no single right order. Selling first gives you a firm budget. Buying first avoids a temporary move but may need extra cash or financing. Compare both with your own numbers in the cash left after moving calculator.

Should I buy now or wait for rates to drop?

No one can predict rates or prices. You can compare moving now with a future scenario, using the price and rate assumptions you choose. Compare now vs. wait.

Are there down payment assistance programs in Minnesota?

Yes. Minnesota has state, county, and city programs that can help with a down payment or closing costs. Who qualifies depends on income, location, and the program. Browse Minnesota programs.

Want help with your numbers?

A Pederson agent can walk through your plan with you. No pressure.

Talk to an agent612-356-2121

Calculators provide estimates for planning only. They are not a loan offer, rate quote, approval, or closing statement.