North Dakota mortgage calculator with property tax and insurance
Median home price in North Dakota: $290,000. Effective property tax 0.98%/yr, homeowners insurance ≈ $1,600/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $2,754 | $3,124 | $98,466 |
| 15 yr | $2,151 | $2,521 | $155,120 |
| 20 yr | $1,869 | $2,239 | $216,554 |
| 30 yr | $1,622 | $1,992 | $351,984 |
Adjust the numbers
Monthly breakdown
Total interest $351,984 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $2,754 | $3,124 | $98,466 |
| 15 years | $2,151 | $2,521 | $155,120 |
| 20 years | $1,869 | $2,239 | $216,554 |
| 30 years | $1,622 | $1,992 | $351,984 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $17,327 | $2,139 | $229,861 |
| 2 | $17,161 | $2,305 | $227,557 |
| 3 | $16,983 | $2,484 | $225,073 |
| 4 | $16,790 | $2,676 | $222,397 |
| 5 | $16,582 | $2,884 | $219,512 |
| 6 | $16,358 | $3,108 | $216,404 |
| 7 | $16,117 | $3,349 | $213,055 |
| 8 | $15,857 | $3,609 | $209,446 |
| 9 | $15,577 | $3,890 | $205,556 |
| 10 | $15,275 | $4,192 | $201,364 |
| 11 | $14,949 | $4,517 | $196,847 |
| 12 | $14,598 | $4,868 | $191,980 |
| 13 | $14,221 | $5,246 | $186,734 |
| 14 | $13,813 | $5,653 | $181,081 |
| 15 | $13,375 | $6,092 | $174,990 |
| 16 | $12,902 | $6,565 | $168,425 |
| 17 | $12,392 | $7,074 | $161,351 |
| 18 | $11,843 | $7,623 | $153,728 |
| 19 | $11,251 | $8,215 | $145,513 |
| 20 | $10,613 | $8,853 | $136,660 |
| 21 | $9,926 | $9,540 | $127,120 |
| 22 | $9,185 | $10,281 | $116,839 |
| 23 | $8,387 | $11,079 | $105,760 |
| 24 | $7,527 | $11,939 | $93,821 |
| 25 | $6,600 | $12,866 | $80,955 |
| 26 | $5,601 | $13,865 | $67,091 |
| 27 | $4,525 | $14,941 | $52,150 |
| 28 | $3,365 | $16,101 | $36,049 |
| 29 | $2,115 | $17,351 | $18,698 |
| 30 | $768 | $18,698 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in North Dakota
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $8,700 | $129 | $2,466 |
| 5% | $14,500 | $126 | $2,423 |
| 10% | $29,000 | $120 | $2,315 |
| 15% | $43,500 | $113 | $2,207 |
| 20% | $58,000 | $0 | $1,992 |
| 25% | $72,500 | $0 | $1,891 |
Around the North Dakota median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $220,000 | $1,231 | $1,544 |
| $290,000 | $1,622 | $1,992 |
| $365,000 | $2,042 | $2,473 |
| $435,000 | $2,433 | $2,922 |
Detailed payment examples
FAQ
What is the average property tax rate in North Dakota?
North Dakota's effective property tax rate is about 0.98% of home value per year, which is $237 per month on a $290,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in North Dakota?
A typical North Dakota policy runs around $1,600 per year ($133 per month). Coastal and hail-prone areas can be significantly higher.
Is a $290,000 home affordable in North Dakota?
At 7.50% with 20% down, the estimated all-in payment is $1,992 per month. Using the 28% rule that implies a household income near $85,000 per year before other debts.