Meagher County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Meagher County, MT Benchmarks

FHA averages

Typical Property Value$330,000

Average Down Payment24.5%

Average Interest Rate6.185%

Effective Tax Rate0.42%

Median Tax Paid$1,725/yr

Tax Growth (Historical)-1.9%

Based on 8 regional loans totaling $1,800,000 (HMDA database).

Home Price

Down Payment

$80,850 down · $249,150 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

$116 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

Not required at 20%+ down

Estimated Monthly Payment

$1,921/mo

Principal & Interest$1,549
Property Tax$116
Home Insurance$150
FHA MIP$106

Amortization · Remaining Balance

Financed Loan Amount

$253,510

Total Interest

$304,267

Total of Payments

$557,778

*Includes financed FHA Upfront MIP of $4,360

Local Market Insights

Meagher County FHA Mortgage Overview

In Meagher County, the 24.52% weighted average down payment on FHA loans significantly exceeds the typical 3.5% minimum, indicating buyers are choosing to build equity faster. Despite this, mandatory Mortgage Insurance Premiums (MIP) apply for the life of the loan, a key factor for those with sub-620 credit. The 75.48% Loan-to-Value ratio and 100% owner-occupancy rate confirm a low-risk, primary residence market. The effective 0.42% property tax rate, coupled with a -1.9% inflation-adjusted decrease, enhances true monthly affordability. For those exploring FHA loan terms with property taxes in Meagher County, MT, understanding this permanent MIP is critical for budgeting alongside the favorable tax environment.

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.