Calculate your monthly mortgage payment in North Dakota. Pre-filled with North Dakota's typical home value of $292,300 (Zillow Home Value Index, August 2026) and an effective property tax rate of 0.96% (Census ACS 2024 1-year, median taxes ÷ median home value).
Est. Monthly Payment
$1,916
Principal & Interest
$1,560
Property Tax / mo
$234
Total Interest Paid
$327,925
| Home Price | $292,300 | Typical home value in North Dakota — Zillow Home Value Index, August 2026 |
| Down Payment | 20% ($58,460) | Assumption — no sourced state average |
| Loan Amount | $233,840 | Home price minus down payment |
| Interest Rate | 7.03% | Freddie Mac PMMS national average, week of 2026-09-24 — not a North Dakota rate |
| Loan Term | 30 years | Assumption |
| Property Tax | 0.96% / year | North Dakota effective rate — Census ACS 2024 1-year, median taxes ÷ median home value |
| Home Insurance | 0.5% / year | Assumption — not a sourced premium |
Programs named for North Dakota: NDHFA FirstHome, Start Program. This list has no recorded source or date and may be out of date — confirm current programs and eligibility with the North Dakota housing finance agency before you rely on it.
Cost of living: Moderate (index 90.5, MERIC (C2ER index), Second Quarter 2026) · Population: 799,358 (Census Bureau estimate, July 1, 2025)
North Dakota has a typical home value of about $292,300 (Zillow Home Value Index, August 2026), below the U.S. typical value of $368,700. With an assumed 20% down payment of $58,460, a buyer would finance $233,840 over 30 years. At the national 7.03% fixed rate, the monthly principal and interest payment comes to $1,560.
The effective property tax rate in North Dakota — median real estate taxes paid divided by median home value — is 0.96% per year (Census ACS 2024 1-year, median taxes ÷ median home value), against 0.89% for the U.S. Combined with an assumed $122 a month for homeowners insurance, the estimated all-in monthly housing cost is about $1,916.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $82,134 to qualify comfortably. The median household income in North Dakota is $77,871 (Census ACS 2024 1-year).
