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North Dakota Mortgage Calculator

Your monthly mortgage payment in North Dakota, with North Dakota's effective property tax rate (0.99%) built in, at this week's average rate. The calculator starts at the state's median home value, $249,900.

A $250,000 home with 20% down ($200,000 borrowed) at 7.28% over 30 years costs about $1,741 a month: $1,368 principal and interest plus $373 of tax, insurance and dues.

Monthly payment
$1,740.92
Principal and interest
$1,368.42
Tax, insurance, PMI and HOA
$372.50
Total interest over the loan
$292,633
Loan balance and interest paid over 30 years at 7.28%$0$100k$200k$300k051015202530Years━Balance owed━Interest paid so far
Download the schedule (CSV)
Amortization by year: $200,000 at 7.28%
YearInterestPrincipalBalance
1$14,496.63$1,924.47$198,075.53
2$14,351.76$2,069.34$196,006.20
3$14,195.98$2,225.12$193,781.08
4$14,028.47$2,392.62$191,388.46
5$13,848.36$2,572.73$188,815.73
6$13,654.69$2,766.41$186,049.32
7$13,446.44$2,974.66$183,074.66
8$13,222.51$3,198.59$179,876.08
9$12,981.72$3,439.37$176,436.70
10$12,722.81$3,698.29$172,738.42
11$12,444.41$3,976.69$168,761.73
12$12,145.05$4,276.05$164,485.68
13$11,823.15$4,597.95$159,887.73
14$11,477.02$4,944.07$154,943.66
15$11,104.84$5,316.26$149,627.40
16$10,704.64$5,716.46$143,910.94
17$10,274.31$6,146.79$137,764.16
18$9,811.58$6,609.51$131,154.64
19$9,314.03$7,107.07$124,047.58
20$8,779.01$7,642.08$116,405.50
21$8,203.73$8,217.37$108,188.13
22$7,585.13$8,835.96$99,352.16
23$6,919.97$9,501.12$89,851.04
24$6,204.74$10,216.36$79,634.68
25$5,435.66$10,985.43$68,649.25
26$4,608.69$11,812.41$56,836.84
27$3,719.46$12,701.63$44,135.21
28$2,763.30$13,657.79$30,477.42
29$1,735.16$14,685.94$15,791.48
30$629.62$15,791.48$0.00

This week's mortgage rates →

Monthly payment in North Dakota by home price (20% down, 7%, 30 years, 0.99% tax, $2,000 insurance)

Home pricePrincipal and interestProperty taxTotal
$120,000$639$99$904
$190,000$1,011$156$1,334
$250,000$1,331$206$1,703
$370,000$1,969$305$2,441
$500,000$2,661$412$3,240

How this calculator works

As the mortgage calculator, with North Dakota's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $2,468 ÷ median value $249,900.

What it assumes

  • Home insurance varies a lot by state and area; enter your quote.
  • County property tax rates differ from the state figure; see the county pages.

Questions people ask

What is the mortgage payment on a median home in North Dakota?

On $249,900 with 20% down at 7% over 30 years: about $1,330 principal and interest and $206 of property tax, $1,702 a month with $2,000 a year of insurance.

What is the median home value in North Dakota?

$249,900 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in North Dakota?

The effective rate is 0.99%, a median $2,468 a year. See North Dakota's property tax page for every county we cover.

How much income do I need for a median North Dakota home?

Under the 28% guideline, about $72,964 a year for the payment above; North Dakota's median household income is $76,657.

Mortgage calculator by state

Related calculators

  • Mortgage CalculatorYour full monthly mortgage payment: principal and interest, property tax, insurance, PMI and HOA dues, at this week's average rate, with a yearly amortization schedule.
  • North Dakota Property Tax CalculatorNorth Dakota homeowners pay a median $2,468 a year in property tax, 0.99% of a median $249,900 home: the 21st highest effective rate of the 50 states and DC.
  • Home Affordability CalculatorThe home price your income supports under the 28/36 guideline lenders use, counting your other debts, down payment, taxes and insurance, at this week's average rate.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.