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Garfield County FHA Loan Calculator

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

Loan Details

Garfield County, MT Benchmarks

FHA averages
Typical Property Value$355,000
Average Down Payment33.1%
Average Interest Rate%
Effective Tax Rate0.56%
Median Tax Paid$1,052/yr
Tax Growth (Historical)-12.7%
Based on 1 regional loans totaling $235,000 (HMDA database).
$
%

$117,505 down · $237,495 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$166 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$1,984/mo

  • Principal & Interest$1,567
  • Property Tax$166
  • Home Insurance$150
  • FHA MIP$101
Amortization · Remaining Balance

Financed Loan Amount

$241,651

Total Interest

$322,593

Total of Payments

$564,244

*Includes financed FHA Upfront MIP of $4,156

Local Market Insights

Garfield County FHA Mortgage Overview

Garfield County homebuyers utilizing FHA loans are putting down a substantial 33.14%, resulting in a low 66.86% loan-to-value ratio. Despite this significant equity, FHA mandates Mortgage Insurance Premiums (MIP) for the life of the loan, making this program ideal for buyers with sub-620 credit scores. The 0.56% effective property tax rate is modest, and the recent -12.7% inflation-adjusted tax change further lowers monthly costs. For a complete breakdown of FHA loan limits and property taxes in Garfield County, MT, this data confirms strong buyer commitment, as 100% of purchases are for primary residences.

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.