Mortgage on a $800K house in North Dakota
$5,321 a month with 20% down — $4,305 principal and interest plus $615 property tax and $400 insurance.
North Dakota's typical property tax is 0.92% of the home's value a year (U.S. average 0.9%), which adds $615 a month on a $800K home. The typical home in North Dakota is worth $290,657, so $800K is 175% above the typical price.
$800K 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 | $160,000 | $640,000 | $4,305 | $0 | $1,015 | $5,321 | $228,000 |
| 10% down | $80,000 | $720,000 | $4,843 | $300 | $1,015 | $6,159 | $263,900 |
| 5% down | $40,000 | $760,000 | $5,113 | $317 | $1,015 | $6,445 | $276,200 |
| 3.5% down (FHA) | $28,000 | $785,510 | $5,284 | $354 | $1,015 | $6,653 | $285,100 |
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 $800K buy a typical home?
No North Dakota county has a typical home value within 15% of $800K.
43 of 43 North Dakota counties tracked by Zillow have a typical home value at or below $800K. See all North Dakota home prices.
Other prices in North Dakota
Frequently asked questions
What is the mortgage on a $800K house in North Dakota?
About $5,321 a month with 20% down at 7.11%: $4,305 principal and interest, $615 property tax and $400 insurance.
How much do I need to make to buy a $800K house in North Dakota?
About $228,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $800K house in North Dakota?
At North Dakota's typical effective rate of 0.92%, about $7,384 a year. Rates vary by county and city — see the county pages.