Minnesota transfer tax calculator
State deed tax of 0.33% of consideration (0.34% in Hennepin and Ramsey counties). Mortgage registry tax of 0.23% of the mortgage (0.24% in Hennepin and Ramsey).
Reviewed October 15, 2026. The math is shown line by line.
Minnesota transfer tax on a $329,000 sale
- State deed taxseller pays$1,085.70$329,000 × 0.33% = $1,085.70
- seller pays
- $1,085.70
- Total transfer tax
- $1,085.70
Statutory transfer taxes on a $329,000 sale, as of the reviewed date. Who pays is custom and contract outside the statute’s primary liability. Local taxes described above are not in this figure unless listed as a line. Recording fees, title and attorney charges are separate.
The rule behind the numbers
- Transfer tax
- State deed tax of 0.33% of consideration (0.34% in Hennepin and Ramsey counties). Mortgage registry tax of 0.23% of the mortgage (0.24% in Hennepin and Ramsey). Source: revenue.state.mn.us
- Who customarily pays
- Seller customarily pays the deed tax. Buyer customarily pays the mortgage registry tax. Source: revenue.state.mn.us
- Local transfer taxes
- Hennepin and Ramsey counties add 0.01% environmental response fund tax. Source: revenue.state.mn.us
Sources
Ike Mortgage LLC. NMLS ID pending. For licensing information, go to: www.nmlsconsumeraccess.org. Nothing on this page is a loan payment, rate, term or down payment, and nothing here is a Loan Estimate.