Delta County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Delta County, Colorado based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Delta County, CO Benchmarks

FHA averages

Typical Property Value$333,258

Average Down Payment9.2%

Average Interest Rate6.233%

Effective Tax Rate0.34%

Median Tax Paid$1,068/yr

Tax Growth (Historical)+5.1%

Based on 155 regional loans totaling $44,905,000 (HMDA database).

Home Price

Down Payment

$30,660 down · $302,598 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$94 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$128 / month

Estimated Monthly Payment

$2,264/mo

Principal & Interest$1,892
Property Tax$94
Home Insurance$150
FHA MIP$128

Amortization · Remaining Balance

Financed Loan Amount

$307,894

Total Interest

$373,137

Total of Payments

$681,031

*Includes financed FHA Upfront MIP of $5,295

Local Market Insights

Delta County FHA Mortgage Overview

Delta County's FHA market shows accessible entry with a 9.19% down payment on a $333,258 average property. This low barrier is ideal for buyers with sub-620 credit, though mandatory Mortgage Insurance Premiums (MIP) last the loan's life due to the 90.81% LTV. The 0.34% effective property tax rate is favorable, but the 5.1% inflation-adjusted tax increase will add to monthly obligations. For those exploring an FHA loan with PMI and taxes in Delta County, CO, this combination of low down payment and rising tax burden requires careful budgeting.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.