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Fargo Mortgage Calculator

Estimate your true cost of homeownership in Fargo with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$2,112
P&I Payment$1,576
Taxes & Ins$391
Utilities$145
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Mortgage Details

$298,920
Local Median: $298,920
$59,784 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$2,112

Monthly Breakdown

Principal & Interest
$1,576
Property Taxes
$287
Homeowners Ins.
$104
Utilities
$145

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$328,249

Local Housing Facts for Fargo

  • ·Median home value: $298,920 (adjusted for current market conditions)
  • ·Est. property taxes: $3,444/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,246/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,742/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Fargo?

Based on the local median home value, estimated real estate property taxes in Fargo are around $3,444 per year.

What is the average home price in Fargo?

The median home value in Fargo is currently estimated at $298,920.

How much does homeowners insurance cost in Fargo?

For a median priced home, homeowners insurance in Fargo averages around $1,246 annually.

What is the true total cost of owning a home in Fargo?

True homeownership costs go beyond principal and interest. In Fargo, a typical homeowner with a median-priced home of $298,920 can expect to pay roughly $3,444/yr in property taxes, $1,246/yr for homeowners insurance, and $1,742/yr in energy utilities. That adds approximately $536 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.