Mortgage on a $200K house in North Dakota
$1,330 a month with 20% down — $1,076 principal and interest plus $154 property tax and $100 insurance.
North Dakota's typical property tax is 0.92% of the home's value a year (U.S. average 0.9%), which adds $154 a month on a $200K home. The typical home in North Dakota is worth $290,657, so $200K is 31% below the typical price.
$200K home in North Dakota: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,000 | $160,000 | $1,076 | $0 | $254 | $1,330 | $57,000 |
| 10% down | $20,000 | $180,000 | $1,211 | $75 | $254 | $1,540 | $66,000 |
| 5% down | $10,000 | $190,000 | $1,278 | $79 | $254 | $1,611 | $69,000 |
| 3.5% down (FHA) | $7,000 | $196,378 | $1,321 | $88 | $254 | $1,663 | $71,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.92% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in North Dakota does $200K buy a typical home?
In these counties the typical home value is within 15% of $200K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Barnes County | $196,408 | 1.03% | $1,349 |
| Kidder County | $203,596 | 0.58% | $1,272 |
| Ransom County | $203,703 | 1.02% | $1,346 |
| Sargent County | $205,756 | 1.12% | $1,363 |
| Renville County | $193,795 | 0.68% | $1,290 |
| Bowman County | $193,789 | 0.73% | $1,298 |
| Foster County | $190,154 | 1.19% | $1,374 |
| Dickey County | $190,013 | 0.92% | $1,329 |
| Golden Valley County | $188,290 | 0.89% | $1,325 |
| Mountrail County | $215,626 | 0.52% | $1,263 |
| McLean County | $224,646 | 0.76% | $1,303 |
| Walsh County | $171,502 | 1.07% | $1,355 |
22 of 43 North Dakota counties tracked by Zillow have a typical home value at or below $200K. See all North Dakota home prices.
Other prices in North Dakota
Frequently asked questions
What is the mortgage on a $200K house in North Dakota?
About $1,330 a month with 20% down at 7.11%: $1,076 principal and interest, $154 property tax and $100 insurance.
How much do I need to make to buy a $200K house in North Dakota?
About $57,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $200K house in North Dakota?
At North Dakota's typical effective rate of 0.92%, about $1,846 a year. Rates vary by county and city — see the county pages.