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Grand Forks Mortgage Calculator

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

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Est. Total Monthly Cost
$1,980
P&I Payment$1,453
Taxes & Ins$352
Utilities$175
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Mortgage Details

$275,389
Local Median: $275,389
$55,078 (20%)
%

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

Local Area Costs

Monthly$1,980

Monthly Breakdown

Principal & Interest
$1,453
Property Taxes
$266
Homeowners Ins.
$85
Utilities
$175

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$302,675

Local Housing Facts for Grand Forks

  • ·Median home value: $275,389 (adjusted for current market conditions)
  • ·Est. property taxes: $3,197/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,025/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,101/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 Grand Forks?

Based on the local median home value, estimated real estate property taxes in Grand Forks are around $3,197 per year.

What is the average home price in Grand Forks?

The median home value in Grand Forks is currently estimated at $275,389.

How much does homeowners insurance cost in Grand Forks?

For a median priced home, homeowners insurance in Grand Forks averages around $1,025 annually.

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

True homeownership costs go beyond principal and interest. In Grand Forks, a typical homeowner with a median-priced home of $275,389 can expect to pay roughly $3,197/yr in property taxes, $1,025/yr for homeowners insurance, and $2,101/yr in energy utilities. That adds approximately $527 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.