Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>South Dakota>Butte County (Conventional)

Butte County Conventional Mortgage Calculator

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

Loan Details

Butte County, SD Benchmarks

Conventional averages
Typical Property Value$375,929
Average Down Payment26.4%
Average Interest Rate6.970%
Effective Tax Rate0.88%
Median Tax Paid$2,265/yr
Tax Growth (Historical)0.0%
Based on 140 regional loans totaling $24,230,000 (HMDA database).
$
%

$99,245 down · $276,684 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$276 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,261/mo

  • Principal & Interest$1,835
  • Property Tax$276
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$276,684

Total Interest

$383,993

Total of Payments

$660,677

Local Market Insights

Butte County Conventional Mortgage Overview

In Butte County, the typical conventional buyer puts down 26.41%, a strong signal of excellent credit and significant savings. This high down payment, combined with a 73.59% loan-to-value ratio, means you immediately start with over 20% equity, completely avoiding Private Mortgage Insurance (PMI) from day one. With a 6.97% rate on a $375,929 property, the effective 0.88% tax rate (stable with 0.0% inflation adjustment) keeps monthly costs predictable. For homeowners using a conventional mortgage with property taxes in Butte County, South Dakota, this data confirms a low-risk, owner-occupied market where financial strength is the norm.

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.