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
The median home price in North Dakota is $250,000, below the national median of $420,000. With a median household income of $68,000, the price-to-income ratio is 3.7x.
Property taxes in North Dakota average 0.98% of assessed value. On the median home, that is $2,450 per year, or $204 per month added to your mortgage payment.
North Dakota has a state income tax of 0%–2.5%. Factor this into your take-home pay when calculating how much mortgage you can afford.
The cost of living index in North Dakota is 93 (national average = 100). Everyday expenses beyond housing are close to the national average.
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