United States · North Dakota

North Dakota mortgage calculator

Estimate your monthly payment in North Dakota — principal & interest, property tax, and insurance — using the live national average rate and North Dakota's estimated ~0.98% effective property tax rate. Adjust any figure below.

Affording a home in North Dakota

Affordable

Median home price: $250,000
Income needed: $72,000; to qualify (28% rule, 20% down)
Typical household income: $72,000
Income to spare: −$0

A median North Dakota home costs $250k — one of the states where a median income is actually enough to qualify.

Data as of 2026-06-30. Sources: Zillow ZHVI, U.S. Census ACS, Splitero. Median is a statewide figure — expensive cities and more affordable rural areas vary widely.

A single median income can qualify in North Dakota — here's what that looks like

The typical North Dakota household earns $72,000/year. To buy a median-priced home here, lenders generally want to see $72,000/year — which a single median income can cover. North Dakota is one of the more accessible markets in the country right now.

The roles and income paths that commonly reach it in North Dakota are listed below — some single high-earning roles, some two incomes combined.

Roles and income paths that commonly meet the income in North Dakota

Energy sector worker
Nurse
Government worker
Any median income

Pay varies widely by employer, experience, and city — these are paths that often (not always) reach the income needed, not a guarantee for any individual. Entries like “+ partner income” mean two incomes combined.

First-time buyer programs available in North Dakota

HFA Targeted Area Mortgage
North Dakota Housing programs

Programs and their terms change — verify current availability and eligibility with the official state housing agency before relying on any of these.

What makes North Dakota legally different for homebuyers

North Dakota provides a 60-day post-sale redemption period. North Dakota's oil boom areas (Williston Basin) have seen dramatic property value swings tied to energy prices — a unique risk factor not present in most other states.

If you buy here

In oil boom areas of North Dakota, research local economic conditions carefully — property values and rental demand can be highly volatile based on oil prices and rig counts, unlike most residential markets.

Foreclosure: judicial, ~6 mo
Post-sale redemption: 60 days
Anti-deficiency protection: No

General overview only — laws change and individual situations vary. Consult a real estate attorney for advice specific to your purchase. (Verified 2026-06-30.)

A clean, printable one-page summary — free, no account needed.

Loan details

Understanding your numbers before you sign.

A mortgage is likely the largest financial commitment of your life. The Mortgage Ledger was built so you can explore what that commitment actually looks like — payment by payment, line by line — before you're sitting across from a lender.

Rates sourced from FRED (Federal Reserve Bank of St. Louis). Estimates only — not a loan offer.

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