CALCMONEY // MORTGAGE // ND
Calculate your monthly mortgage payment using North Dakota-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$250,000
7%
0.98%
0%–2.5%
How today's 7% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 7% | — |
| 2024 avg | 7.42% | -0.42% |
| 2023 avg | 7.85% | -0.85% |
| 2022 peak | 7.68% | -0.68% |
| 2021 avg | 3.60% | +3.40% |
| 2020 avg | 3.40% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for North Dakota market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,331 |
| Property Tax | $204 |
| Homeowners Insurance (est.) | $83 |
| Total Monthly Payment (PITI) | $1,618 |
$50,000
$279,018
$69,347/yr
North Dakota homebuyers face a $250,000 median price, 40% below the national figure. Against the state's $68,000 median household income, that's a 3.7x price-to-income ratio.
North Dakota's 0.98% average property tax rate runs below the 1.1% national average, working out to $204/month on the median home here.
Unlike the nine no-income-tax states, North Dakota taxes wage income at 0%–2.5%. Worth running your actual take-home pay against the $1,618/month payment here before locking in a target price.
North Dakota's cost of living index is 93, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
North Dakota's median home price runs almost identical to Nebraska, both landing close to $250,000.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $200,000 loan saves $9,000 in interest over 30 years.
Compare Top North Dakota Mortgage Lenders