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Clearwater County FHA Loan Calculator

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

Loan Details

Clearwater County, ID Benchmarks

FHA averages
Typical Property Value$280,667
Average Down Payment12.0%
Average Interest Rate6.205%
Effective Tax Rate0.51%
Median Tax Paid$1,443/yr
Tax Growth (Historical)-3.3%
Based on 30 regional loans totaling $6,620,000 (HMDA database).
$
%

$33,680 down · $246,987 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$119 / month

$

Annual premium

$

Per month

%

$105 / month

Estimated Monthly Payment

$1,915/mo

  • Principal & Interest$1,541
  • Property Tax$119
  • Home Insurance$150
  • FHA MIP$105
Amortization · Remaining Balance

Financed Loan Amount

$251,309

Total Interest

$303,387

Total of Payments

$554,696

*Includes financed FHA Upfront MIP of $4,322

Local Market Insights

Clearwater County FHA Mortgage Overview

Clearwater County homebuyers using FHA loans benefit from the accessible 11.99% down payment, which is below the national average. However, this lower equity position means mandatory Mortgage Insurance Premiums (MIP) apply for the life of the loan, regardless of the 88.01% loan-to-value ratio. This structure is ideal for those with sub-620 credit scores seeking primary residence financing. The effective property tax rate of 0.51% is low, and the recent -3.3% inflation-adjusted tax change reduces monthly costs, improving affordability. When evaluating your Clearwater County FHA loan with PMI and taxes, this tax relief helps offset the long-term MIP burden.

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.