Home and mortgage

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.

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Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$1,727.37The answer

Monthly payment

$1,727.37

A $250,000 home with 20% down ($200,000 borrowed) at 7.18% over 30 years costs about $1,727 a month: $1,355 principal and interest plus $373 of tax, insurance and dues.

Principal and interest: $1,354.87
Tax, insurance, PMI and HOA: $372.50
Total interest over the loan: $287,753

Amortization by year: $200,000 at 7.18%

Year	Interest	Principal	Balance
1	$14,296.26	$1,962.17	$198,037.83
2	$14,150.65	$2,107.79	$195,930.04
3	$13,994.23	$2,264.21	$193,665.83
4	$13,826.20	$2,432.24	$191,233.60
5	$13,645.70	$2,612.73	$188,620.86
6	$13,451.81	$2,806.63	$185,814.24
7	$13,243.53	$3,014.91	$182,799.33
8	$13,019.79	$3,238.65	$179,560.69
9	$12,779.45	$3,478.99	$176,081.70
10	$12,521.27	$3,737.16	$172,344.53
11	$12,243.93	$4,014.50	$168,330.03
12	$11,946.02	$4,312.42	$164,017.61
13	$11,625.99	$4,632.45	$159,385.17
14	$11,282.21	$4,976.22	$154,408.94
15	$10,912.92	$5,345.51	$149,063.43
16	$10,516.23	$5,742.21	$143,321.22
17	$10,090.10	$6,168.34	$137,152.89
18	$9,632.34	$6,626.09	$130,526.79
19	$9,140.62	$7,117.82	$123,408.97
20	$8,612.40	$7,646.04	$115,762.93
21	$8,044.98	$8,213.46	$107,549.48
22	$7,435.46	$8,822.98	$98,726.50
23	$6,780.70	$9,477.74	$89,248.76
24	$6,077.35	$10,181.09	$79,067.67
25	$5,321.80	$10,936.63	$68,131.04
26	$4,510.19	$11,748.25	$56,382.79
27	$3,638.35	$12,620.09	$43,762.70
28	$2,701.80	$13,556.63	$30,206.07
29	$1,695.76	$14,562.68	$15,643.39
30	$615.05	$15,643.39	$0.00

Download the schedule (CSV)

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 price	Principal and interest	Property tax	Total
$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.

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.

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Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.