Bingham County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Bingham County, ID Benchmarks

FHA averages

Typical Property Value$353,054

Average Down Payment8.7%

Average Interest Rate6.031%

Effective Tax Rate0.50%

Median Tax Paid$1,477/yr

Tax Growth (Historical)+3.1%

Based on 221 regional loans totaling $69,315,000 (HMDA database).

Home Price

Down Payment

$30,716 down · $322,338 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

$147 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$137 / month

Estimated Monthly Payment

$2,406/mo

Principal & Interest$1,973
Property Tax$147
Home Insurance$150
FHA MIP$137

Amortization · Remaining Balance

Financed Loan Amount

$327,979

Total Interest

$382,204

Total of Payments

$710,183

*Includes financed FHA Upfront MIP of $5,641

Local Market Insights

Bingham County FHA Mortgage Overview

In Bingham County, the average 8.71% FHA down payment on a $353,054 property offers accessible entry, though the 91.29% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, ideal for buyers with sub-620 credit. The 0.50% effective property tax rate, with a recent 3.1% inflation-adjusted increase, adds a modest monthly cost. For those using an FHA loan calculator with PMI and taxes in Bingham County, ID, or exploring FHA loan down payment options, this data confirms the market favors owner-occupied, primary residences over investment properties.

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.