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Mortgage Calculator &
Closing Costs: Jamestown, ND

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Jamestown, North Dakota.

Median Home Price
$195K
Population
15K
Avg Monthly Rent
$820
Property Tax Rate
0.98%
Jamestown vs North Dakota Median
The median home price in Jamestown is $195,000, which is 24% below the North Dakota state median of $255,000.

Mortgage Calculator — Jamestown, ND

Pre-filled with Jamestown median home price and North Dakota tax/insurance rates. Adjust for your property.

$
$39,000
%
%
years
ND avg
%
$
Monthly Payment (PITI)
$1,320
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$986
per month
Taxes & Insurance
$334
per month
Total Interest Paid
$199K
over 30 years
Total Loan Cost
$355K
all payments
Payment Breakdown
Loan Amount$156,000
Principal & Interest$986
Property Taxes$159
Homeowners Insurance$175
Total Monthly PITI$1,320

Closing Costs — Jamestown, ND

Estimated closing costs based on North Dakota rates and fees applied to Jamestown prices.

$
%
North Dakota: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$8,128
4.2% of purchase price
Lender Fees
$1,829
origination, underwriting
Third-Party
$2,425
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,874
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,404
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,275
Recording Fee$150
Prepaid Taxes (3 mo)$478
Prepaid Insurance (12 mo)$2,100
Prepaid Interest (15 days)$469
Escrow Reserves$828
Total Closing Costs$8,128

Buying a Home in Jamestown, North Dakota

The median home price in Jamestown is $195,000, 24% below the North Dakota state median of $255,000. With a population of 15,427, Jamestown is a smaller market where home prices tend to be more accessible than in many parts of North Dakota.

Property taxes in North Dakota average 0.98% annually. This moderate property tax rate means a $195,000 home in Jamestown would carry roughly $159/month in property taxes. Homeowners insurance in North Dakota runs approximately $2,100 per year. This is within the normal range nationally.

Average rent in Jamestown is $820/month. The price-to-rent ratio in Jamestown is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Jamestown offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with North Dakota's NDHFA FirstHome program.

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