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Deuel County FHA Loan Calculator

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

Loan Details

Deuel County, SD Benchmarks

FHA averages
Typical Property Value$218,000
Average Down Payment9.6%
Average Interest Rate6.250%
Effective Tax Rate0.76%
Median Tax Paid$1,694/yr
Tax Growth (Historical)+11.3%
Based on 10 regional loans totaling $1,970,000 (HMDA database).
$
%

$20,928 down · $197,072 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$138 / month

$

Annual premium

$

Per month

%

$84 / month

Estimated Monthly Payment

$1,606/mo

  • Principal & Interest$1,235
  • Property Tax$138
  • Home Insurance$150
  • FHA MIP$84
Amortization · Remaining Balance

Financed Loan Amount

$200,521

Total Interest

$243,950

Total of Payments

$444,471

*Includes financed FHA Upfront MIP of $3,449

Local Market Insights

Deuel County FHA Mortgage Overview

For Deuel County homebuyers, the 9.64% average down payment on an FHA loan provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 90.36% loan-to-value ratio—ideal for those with sub-620 credit. This data reflects 100% owner-occupied purchases. The effective property tax rate of 0.76% is modest, yet the 11.3% inflation-adjusted tax increase impacts true monthly affordability. When evaluating an FHA loan with PMI and taxes in Deuel County, SD, or considering down payment options in Deuel County, South Dakota, remember that property taxes and MIP are permanent costs.

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.