Power County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Power County, ID Benchmarks

FHA averages

Typical Property Value$270,333

Average Down Payment8.7%

Average Interest Rate5.962%

Effective Tax Rate0.62%

Median Tax Paid$1,496/yr

Tax Growth (Historical)-8.0%

Based on 15 regional loans totaling $3,585,000 (HMDA database).

Home Price

Down Payment

$23,519 down · $246,814 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

$140 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$105 / month

Estimated Monthly Payment

$1,894/mo

Principal & Interest$1,499
Property Tax$140
Home Insurance$150
FHA MIP$105

Amortization · Remaining Balance

Financed Loan Amount

$251,133

Total Interest

$288,585

Total of Payments

$539,719

*Includes financed FHA Upfront MIP of $4,319

Local Market Insights

Power County FHA Mortgage Overview

For Power County homebuyers leveraging an FHA loan, the 8.73% average down payment provides accessible entry, though mandatory Mortgage Insurance Premiums (MIP) remain for the loan's life due to the 91.27% LTV ratio. The 0.62% effective property tax rate is moderate, but the recent -8.0% inflation-adjusted tax change lowers true monthly costs. When considering an FHA loan calculator with PMI and taxes in Power County, ID, note that the average property value of $270,333 and a 5.962% rate make this market ideal for primary residences, especially for buyers with sub-620 credit scores seeking a lower upfront barrier.

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.