Watertown, SD mortgage calculator

Watertown
Mortgage
Calculator

Watertown anchors northeastern South Dakota's lake region with an agricultural-processing and healthcare economy. Codington County's property tax rate is close to Aberdeen's.

1.3% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,571
P&I · Taxes · Insurance
Total interest
$243,977
Principal & Interest$1,211/mo
Property Tax (1.3%)$260/mo
Homeowners Insurance$100/mo

Recommended for incomes above $70k/yr (28% DTI rule)

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1.3%
Watertown area property tax rate
$240,000
Watertown median home price
$1,571
est. monthly payment at defaults

Watertown housing market

$240,000
Median home price
$54,000
Median household income
22,655
City population

The 1.3% property tax rate reflects the county-level effective rate for Watertown and is used to calculate your monthly tax escrow above. This rate may differ from the statewide South Dakota average — county-level data produces more accurate monthly payment estimates for Watertown buyers. Many Watertown properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.

Rate history

FAQ

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