Sargent County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sargent County, ND Benchmarks

FHA averages

Typical Property Value$161,667

Average Down Payment28.2%

Average Interest Rate6.500%

Effective Tax Rate1.10%

Median Tax Paid$1,828/yr

Tax Growth (Historical)+3.8%

Based on 3 regional loans totaling $315,000 (HMDA database).

Home Price

Down Payment

$45,590 down · $116,077 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

$148 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

Not required at 20%+ down

Estimated Monthly Payment

$1,094/mo

Principal & Interest$747
Property Tax$148
Home Insurance$150
FHA MIP$49

Amortization · Remaining Balance

Financed Loan Amount

$118,108

Total Interest

$150,641

Total of Payments

$268,749

*Includes financed FHA Upfront MIP of $2,031

Local Market Insights

Sargent County FHA Mortgage Overview

In Sargent County, the 28.23% weighted average down payment on an FHA loan is notably high, reducing the risk profile but not eliminating mandatory Mortgage Insurance Premiums (MIP), which remain for the loan’s life regardless of equity. The 71.77% loan-to-value ratio underscores this, making FHA ideal for buyers with sub-620 credit seeking accessible entry. With a 1.10% effective tax rate and a 3.8% inflation-adjusted increase, monthly affordability is squeezed. For an FHA loan with PMI and taxes in Sargent County, ND, this data helps homebuyers assess true costs. Understanding Sargent County FHA mortgage parameters with property taxes is key, as all purchases here are primary residences, not investments.

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.