FHA Loan Calculator — North Dakota
On the typical North Dakota home ($292,000), 3.5% down leaves a $281,780 base loan. The 1.75% upfront premium ($4,931) is financed, for a $286,711 loan, and annual MIP of 0.55% adds $131 a month for the life of the loan. North Dakota FHA limits run $541,287–$832,750 by county.
North Dakota has the 22nd-highest effective property tax rate of the 50 states at 0.92% — $29 more a year than the 0.91% state average on a $292,000 home. Homeowners insurance averages $2,982 a year, the 15th-highest premium nationally and $262 more than the typical state.
Loan Parameters
Total Monthly Payment
$2,516
Principal & Interest + Taxes + Insurance
APR 7.761%
Total Interest
$402,066
Total Cost
$890,286
Advanced Parameters
FHA Mortgage Insurance Premium (MIP)
Annual MIP of 0.55% is billed monthly on the average balance of each loan year. With less than 10% down it lasts for the life of the loan; with 10% or more down it ends after 11 years. A 1.75% upfront premium is also added to the loan.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Full term
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | MIP | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $22,959 | $2,896 | $20,064 | $1,570 | $283,815 | $8,185 |
| Year 2 | $22,959 | $3,106 | $19,853 | $1,553 | $280,710 | $11,290 |
| Year 3 | $22,959 | $3,331 | $19,628 | $1,536 | $277,378 | $14,622 |
| Year 4 | $22,959 | $3,573 | $19,386 | $1,517 | $273,805 | $18,195 |
| Year 5 | $22,959 | $3,833 | $19,127 | $1,496 | $269,972 | $22,028 |
| Year 6 | $22,959 | $4,111 | $18,848 | $1,475 | $265,861 | $26,139 |
| Year 7 | $22,959 | $4,410 | $18,550 | $1,451 | $261,451 | $30,549 |
| Year 8 | $22,959 | $4,730 | $18,230 | $1,426 | $256,721 | $35,279 |
| Year 9 | $22,959 | $5,073 | $17,886 | $1,399 | $251,648 | $40,352 |
| Year 10 | $22,959 | $5,442 | $17,518 | $1,371 | $246,207 | $45,793 |
| Year 11 | $22,959 | $5,837 | $17,123 | $1,340 | $240,370 | $51,630 |
| Year 12 | $22,959 | $6,261 | $16,699 | $1,306 | $234,109 | $57,891 |
| Year 13 | $22,959 | $6,715 | $16,244 | $1,271 | $227,394 | $64,606 |
| Year 14 | $22,959 | $7,203 | $15,757 | $1,233 | $220,191 | $71,809 |
| Year 15 | $22,959 | $7,726 | $15,234 | $1,192 | $212,466 | $79,534 |
| Year 16 | $22,959 | $8,287 | $14,673 | $1,148 | $204,179 | $87,821 |
| Year 17 | $22,959 | $8,888 | $14,071 | $1,101 | $195,291 | $96,709 |
| Year 18 | $22,959 | $9,534 | $13,426 | $1,050 | $185,757 | $106,243 |
| Year 19 | $22,959 | $10,226 | $12,733 | $996 | $175,531 | $116,469 |
| Year 20 | $22,959 | $10,968 | $11,991 | $938 | $164,563 | $127,437 |
| Year 21 | $22,959 | $11,765 | $11,194 | $876 | $152,798 | $139,202 |
| Year 22 | $22,959 | $12,619 | $10,340 | $809 | $140,179 | $151,821 |
| Year 23 | $22,959 | $13,535 | $9,424 | $737 | $126,643 | $165,357 |
| Year 24 | $22,959 | $14,518 | $8,441 | $660 | $112,125 | $179,875 |
| Year 25 | $22,959 | $15,572 | $7,387 | $578 | $96,553 | $195,447 |
| Year 26 | $22,959 | $16,703 | $6,256 | $489 | $79,850 | $212,150 |
| Year 27 | $22,959 | $17,916 | $5,043 | $395 | $61,934 | $230,066 |
| Year 28 | $22,959 | $19,217 | $3,743 | $293 | $42,717 | $249,283 |
| Year 29 | $22,959 | $20,612 | $2,347 | $184 | $22,105 | $269,895 |
| Year 30 | $22,956 | $22,105 | $851 | $67 | $0 | $292,000 |
FHA Loan numbers for North Dakota
- Typical North Dakota home value
- $292,000
- 3.5% down ($10,220) · Zillow, August 31, 2026
- Loan amount
- $286,711
- Includes $4,931 financed UFMIP
- Estimated monthly payment
- $2,516
- APR 7.761%
- North Dakota property tax
- 0.92%
- $224/mo
- Homeowners insurance
- $2,982/yr
- $249/mo
- Upfront MIP (1.75%)
- $4,931
- Financed into the loan
- Annual MIP
- 0.55%
- $131/mo in year 1 · life of loan
- North Dakota FHA loan limit
- $541,287 – $832,750
- One-unit, by county
How much house can you afford in North Dakota with an fha loan?
Highest price where principal, interest, North Dakota property tax, insurance and FHA mortgage insurance (1.75% upfront premium financed, 0.55% annual MIP) stay within 28% of gross income —3.5% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $40,000 | $933 | $88,000 | $3,080 | 30% |
| $50,000 | $1,167 | $118,000 | $4,130 | 40% |
| $60,000 | $1,400 | $148,000 | $5,180 | 51% |
| $75,000 | $1,750 | $193,000 | $6,755 | 66% |
| $100,000 | $2,333 | $268,000 | $9,380 | 92% |
| $125,000 | $2,917 | $343,000 | $12,005 | 117% |
| $150,000 | $3,500 | $418,000 | $14,630 | 143% |
FHA vs other loan types in North Dakota
$292,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $29,200 | $262,800 | — | $158 PMI | $2,384 | 7.488% |
| FHA | 3.5% · $10,220 | $286,711 | UFMIP $4,931 | $131 MIP | $2,516 | 7.761% |
| VA | 0% · $0 | $298,278 | Funding fee $6,278 | $0 | $2,463 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $58,400 | $233,600 | — | $0 | $2,031 | 7.030% |
Frequently asked questions
What is the monthly payment on a $292,000 home with an fha loan in North Dakota?
Estimated $2,516 per month ($1,913 principal & interest, $224 property tax, $249 insurance, $131 FHA mortgage insurance) at 7.03% for 30 years, with 3.5% down. APR 7.761%.
What is the FHA loan limit in North Dakota for 2026?
Between $541,287 and $832,750 depending on the county for a one-unit home. $541,287 is the national FHA floor; counties with higher home prices get higher limits. Check your exact county on HUD's FHA mortgage limits lookup.
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Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- HUD Mortgagee Letter 2023-05 (annual MIP schedule)
- HUD — FHA single family housing policy handbook 4000.1
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.