Worked example: Closing Cost in Minnesota

5 min read

Published April 15, 2026 • By DocketMath Team

This article is for informational purposes only and does not constitute legal advice. Laws change frequently — verify all citations with current official sources.

Example inputs

This worked example shows how DocketMath calculates a closing cost in Minnesota (US-MN) using jurisdiction-aware rules and a 3-year default general statute of limitations (SOL). It’s designed for practicality—so you can see exactly which inputs drive the output.

Note: This example uses Minnesota’s general/default SOL. The provided jurisdiction data indicates no claim-type-specific sub-rule was found, so the calculation applies the general period described below rather than a special shorter/longer one.

Core jurisdiction rule used (Minnesota)

General SOL period: 3 years
General Statute: Minnesota Statutes § 628.26
(general SOL period for this example model)
Source context (reference): https://minnesotacourtrecords.us/criminal-court-records/gross-misdemeanor/

Calculator used

DocketMath calculator: /tools/closing-cost
Primary CTA: /tools/closing-cost

Inputs (what you’d enter into DocketMath)

Because “closing cost” can be modeled differently depending on how an organization defines it, this example uses a common DocketMath-style structure: the cost output is driven by time remaining to a SOL-driven closing point and a daily holding cost rate, plus a one-time closing/processing fee.

Use these example inputs for Minnesota:

Jurisdiction: US-MN (Minnesota)
Filing date (start date): 2023-01-15
Current date (calculation date): 2026-01-10
Daily holding cost rate: $45/day
One-time closing/processing fee: $600

You can sanity-check the date math before running the tool:

Start (filing) → 2023-01-15
Current date → 2026-01-10
Time elapsed: nearly 3 years, but not quite the full 3-year general SOL window (because it’s 5 days short).

Quick timeline (so the output makes intuitive sense)

Item	Date	What it means
Filing date	2023-01-15	Start of the SOL clock in this example model
General SOL duration	+3 years	Uses Minn. Stat. § 628.26 as the default period (no special sub-rule found in the provided data)
SOL end date	2026-01-15	Date the 3-year period completes
Current date	2026-01-10	Calculation happens 5 days before SOL end

Example run

Now run DocketMath with the inputs above using the Minnesota rule for a 3-year general/default SOL under Minn. Stat. § 628.26.

Run the Closing Cost calculator using the example inputs above. Review the breakdown for intermediate steps (segments, adjustments, or rate changes) so you can see how each input moves the output. Save the result for reference and compare it to your actual scenario.

Step-by-step calculation (mirrors what the tool is doing)

Compute SOL end date
- Filing date: 2023-01-15
- Add 3 years (general SOL period)
- SOL end date: 2026-01-15
Compute time until the SOL-driven closing point
- Current date: 2026-01-10
- Time remaining to 2026-01-15: 5 days
Compute daily cost portion
- Daily rate: $45/day
- Daily cost = 5 days × $45/day = $225
Add one-time closing fee
- One-time fee = $600

Output (example result)

Total estimated closing cost: $225 + $600 = $825

If you want to verify yourself quickly, use this direct link: **/tools/closing-cost

Sensitivity check

Small changes in dates can meaningfully shift the “time remaining,” especially when you’re near the end of the 3-year general SOL boundary. This section shows how the DocketMath output responds when you change one input at a time—without changing the Minnesota SOL rule.

Sensitivity scenario A: Current date moves 10 days forward

Keep everything else the same, but set current date to 2026-01-20.

SOL end date remains 2026-01-15
Time remaining becomes 0 days in a “no time left” model
Daily cost portion = 0 × $45/day = $0
Add one-time fee = $600

New total: $600

Takeaway: When the calculation date passes the SOL end date, the variable “time remaining” component often drops to zero, leaving only fixed fees.

Sensitivity scenario B: Filing date moves by 30 days earlier

Set filing date to 2022-12-16 (30 days earlier), current date still 2026-01-10.

New SOL end date: 3 years from 2022-12-16 → 2025-12-16
Since current date 2026-01-10 is after SOL end, time remaining becomes 0 days
Total becomes just the fixed fee

New total: $600

Takeaway: Date changes that move the computed SOL end before the calculation date can dramatically reduce (to zero) the variable part of the cost.

Sensitivity scenario C: Daily cost rate increases by 25%

Keep the original dates (filing 2023-01-15, current 2026-01-10) where time remaining = 5 days, but increase daily rate:

Original daily rate: $45/day
New daily rate: $56.25/day (25% increase)
Daily cost = 5 × $56.25 = $281.25
Add one-time fee: $600

New total: $881.25

Takeaway: The daily rate scales the variable portion linearly; fixed fees remain unchanged.

Sensitivity summary table

Change	Time remaining	Daily rate	Daily cost	Closing fee	Total
Baseline (2026-01-10)	5 days	$45/day	$225	$600	$825
Current date +10 days (2026-01-20)	0 days	$45/day	$0	$600	$600
Filing date −30 days (2022-12-16)	0 days	$45/day	$0	$600	$600
Daily rate +25% ($56.25/day)	5 days	$56.25/day	$281.25	$600	$881.25

Pitfall to avoid: If you accidentally apply a claim-type-specific SOL (instead of the general/default 3-year SOL under Minn. Stat. § 628.26), your “time remaining” can flip from positive to zero, sharply changing the output.

(Gentle disclaimer: this worked example is informational and uses an example cost model; it isn’t legal advice.)