North Dakota Mortgage Calculator 2026 — Monthly Payment Estimator
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
The average monthly mortgage payment in North Dakota is $1,297 for a $220K home with 10% down at the current 6.85% 30-year rate (principal + interest only). Add $176/mo property tax and $142/mo insurance for total PITI.
North Dakota Housing & Mortgage Data
| Median Home Price | $220,000 |
| 30-Year Fixed Rate | 6.85%(State average, Apr 2026) |
| Property Tax Rate | 0.96%(Effective rate) |
| Avg HO Insurance | $1,700/yr ($142/mo) |
| Typical Down Payment | 10% ($22,000) |
| Median Household Income | $66,000/yr |
| Principal + Interest (P&I) | $1,297/mo |
| Property Tax (escrow) | $176/mo |
| Homeowners Insurance | $142/mo |
| Total PITI Payment | $1,615/mo(Excludes PMI) |
Key Facts for North Dakota
- ✓North Dakota median home price is $220,000 as of 2026
- ✓30-year fixed mortgage rates in North Dakota average 6.85%
- ✓Property taxes in North Dakota are 0.96% — near the national average of 1.10%
- ✓Homeowners insurance averages $1,700/year in North Dakota
- ✓A household earning $55,000/year can typically afford the median North Dakota home
More North Dakota Calculators
Frequently Asked Questions — Mortgage Calculator in North Dakota
- What is the average mortgage payment in North Dakota?
- The average monthly mortgage payment (principal + interest) in North Dakota is approximately $1,297 for a $198,000 loan at 6.85% over 30 years. Adding property tax ($176/mo) and homeowners insurance ($142/mo) brings total PITI to about $1,615/month.
- What credit score do I need for a mortgage in North Dakota?
- Most North Dakota lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in North Dakota, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $29,700 over the life of a 30-year loan.
- How much down payment is required to buy a home in North Dakota?
- You can buy a home in North Dakota with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the North Dakota median home price of $220,000, a 20% down payment is $44,000 and lets you avoid PMI. North Dakota also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in North Dakota?
- Current 30-year fixed mortgage rates in North Dakota average 6.85% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best North Dakota mortgage rate.
- What is the property tax rate in North Dakota?
- North Dakota's effective property tax rate is 0.96%. On the North Dakota median home value of $220,000, annual property taxes are approximately $2,112 ($176/month). Property taxes in North Dakota are typically escrowed in your monthly mortgage payment.