US Home Sales Tax

Taxes when buying a house in Minnesota

A Minnesota buyer with a mortgage pays the mortgage registry tax, 0.23% of the loan, or 0.24% in Hennepin and Ramsey counties. A cash buyer pays nothing. The deed tax is the seller's.

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Loan amount: $320,000. Some states tax the mortgage, so the loan size changes the result there. Paying cash? Enter 100.

Estimated taxes when you buyMinnesota ยท Rates verified November 2026
Pay to the order ofState and county tax offices$736

Seven hundred thirty-six and 00/100 dollars

On a $400,000 purchase with a $320,000 loan

Taxes the buyer pays
Mortgage registry tax0.23% of the loan$736
Total buyer taxes$736

Taxes only. Lender fees, title insurance, flat recording fees and prepaid property tax are separate closing costs.

What a Minnesota home buyer is taxed on

Buyer's taxes
Mortgage registry tax: 0.23% of the loan, charged on the loan amount.
Transfer tax
The seller, by custom.
Sales tax
None. A home is real estate, and sales tax does not apply to it.
Official source
Minnesota Statutes 287.035
Last verified

Minnesota buyer taxes at common prices

Purchase priceLoan with 20% downBuyer's taxes
$150,000$120,000$276
$250,000$200,000$460
$400,000$320,000$736
$600,000$480,000$1,104
$1,000,000$800,000$1,840

At the "All other counties" rate. Other locations are in the next table.

Buyer taxes by location in Minnesota

CountyBuyer's taxes on a $400,000 home
All other counties$736
Hennepin or Ramsey County$768

Questions Minnesota buyers ask

Do buyers pay transfer tax in Minnesota?

The seller, by custom.

Is there a mortgage tax in Minnesota?

Yes. The mortgage registry tax is 0.23% of the loan, and 0.24% in Hennepin and Ramsey counties. State law makes the borrower liable.

Is there sales tax when you buy a house in Minnesota?

No. Sales tax applies to goods and some services, and a house is real estate, which no state taxes that way. The one-time taxes a Minnesota buyer does pay are listed on this page.

How much tax does a buyer pay at closing in Minnesota?

On a $400,000 home bought with 20% down, a Minnesota buyer pays about $736 in state and local taxes: $736 in mortgage registry tax. Lender fees, title insurance and prepaid property tax come on top.

Selling in Minnesota? Use the Minnesota transfer tax calculator.

Buyer taxes in other states