North Dakota Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in North Dakota (ND). The median home price in North Dakota is $241,100, with an effective property tax rate of 0.99% (ranked #22 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real North Dakota data.

North Dakota Property Tax Information

North Dakota has an effective property tax rate of 0.99%, ranking #22 among all 50 states. The median annual property tax is $2,392 ($199/month). Source: Tax Foundation 2025.

North Dakota Loan Limits 2026

FHA loan limit in North Dakota: $524,225 (floor) to $524,225 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $806,500 (ceiling).

Estimated Monthly Payment in North Dakota

For a median-priced home of $241,100 with 20% down ($48,220), at 6.5% interest over 30 years: estimated monthly principal and interest is $1,219, plus $199 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $1,543/month.

North Dakota Closing Costs

Average closing costs in North Dakota are $2,243 (0.69% of purchase price), ranked #47 nationally. North Dakota does not charge a transfer tax. Source: Bankrate/LodeStar 2025.

North Dakota Housing Market 2026

Home prices in North Dakota have increased 2.8% year-over-year. Average days on market: 45. Inventory level: moderate. Currently considered a buyer's market.

Down Payment Assistance Programs in North Dakota

North Dakota offers 2 down payment assistance programs through North Dakota Housing Finance Agency (NDHFA):

  • Start Program (second mortgage): 0% interest, deferred payment. For first-time buyers. - Up to Up to $14,000
  • DCA Program (grant): Grant for closing costs. No repayment required. - Up to Up to $6,000

Contact NDHFA: https://www.ndhfa.org | Phone: 701-328-8080

Did You Know About North Dakota?

  • North Dakota has no transfer tax on real estate
  • Oil boom areas (Williston) have different market dynamics
  • Fargo is the most populated and competitive market
  • Many areas qualify for USDA rural development loans

Frequently Asked Questions About Buying a Home in North Dakota

What is the average property tax rate in North Dakota?

The effective property tax rate in North Dakota is 0.99%, with a median annual tax of $2,392. This ranks #22 among all states.

What are the FHA loan limits in North Dakota for 2026?

The FHA loan floor in North Dakota is $524,225 and the ceiling is $524,225 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in North Dakota?

Average closing costs in North Dakota are $2,243, which is approximately 0.69% of the purchase price.

Are there first-time homebuyer programs in North Dakota?

Yes, North Dakota offers 2 down payment assistance programs through North Dakota Housing Finance Agency, including grants, forgivable loans, and second mortgages.

Is North Dakota a good place to buy a home in 2026?

With a median home price of $241,100 and moderate inventory, North Dakota is currently a buyer's market. Home prices have increased 2.8% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.