Yuma County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Yuma County, CO Benchmarks

FHA averages

Typical Property Value$282,059

Average Down Payment8.8%

Average Interest Rate6.265%

Effective Tax Rate0.53%

Median Tax Paid$1,003/yr

Tax Growth (Historical)-5.1%

Based on 17 regional loans totaling $4,245,000 (HMDA database).

Home Price

Down Payment

$24,821 down · $257,238 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

$125 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$109 / month

Estimated Monthly Payment

$1,997/mo

Principal & Interest$1,613
Property Tax$125
Home Insurance$150
FHA MIP$109

Amortization · Remaining Balance

Financed Loan Amount

$261,739

Total Interest

$319,040

Total of Payments

$580,780

*Includes financed FHA Upfront MIP of $4,502

Local Market Insights

Yuma County FHA Mortgage Overview

In Yuma County, the 8.76% down payment on an FHA loan signals accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life. With a 91.24% Loan-to-Value ratio, buyers using a Yuma County FHA loan down payment strategy face a higher long-term cost, ideal for those with sub-620 credit. The 0.53% effective property tax rate is low, and the -5.1% inflation-adjusted tax change improves monthly affordability. For precise monthly figures, including MIP and taxes, review a Yuma County FHA mortgage analysis with property taxes to understand true costs.

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.