Closing costs in North Dakota
On a $500,000 home with 20% down, buyers in North Dakota typically pay about $7,583 to $18,400 at closing, including prepaid taxes and insurance.
Typical buyer total1.5%–3.7%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
Buyer-paid taxesNoneTransfer taxes are seller-paid or not charged
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | North Dakota has no real estate transfer tax and no mortgage tax paid by buyers. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $6,090 – $14,120 | 2.0%–4.7% |
| $300,000 | FHA, 3.5% down | $6,364 – $14,883 | 2.1%–5.0% |
| $500,000 | Conventional, 20% down | $7,583 – $18,400 | 1.5%–3.7% |
| $500,000 | FHA, 3.5% down | $8,041 – $19,672 | 1.6%–3.9% |
| $750,000 | Conventional, 20% down | $9,450 – $23,750 | 1.3%–3.2% |
| $750,000 | FHA, 3.5% down | $10,136 – $25,658 | 1.4%–3.4% |
Who pays what in North Dakota
North Dakota has no real estate transfer tax and no mortgage tax paid by buyers.
Questions
How much are closing costs for buyers in North Dakota?
Often about 1.5% to 3.7% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in North Dakota?
No. North Dakota has no real estate transfer tax and no mortgage tax paid by buyers.
More for North Dakota
Sources: North Dakota Department of Revenue. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.