Hyde County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Hyde County, SD Benchmarks

FHA averages

Typical Property Value$155,000

Average Down Payment5.1%

Average Interest Rate%

Effective Tax Rate1.03%

Median Tax Paid$1,743/yr

Tax Growth (Historical)+2.5%

Based on 1 regional loans totaling $145,000 (HMDA database).

Home Price

Down Payment

$7,905 down · $147,095 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

$133 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$62 / month

Estimated Monthly Payment

$1,316/mo

Principal & Interest$971
Property Tax$133
Home Insurance$150
FHA MIP$62

Amortization · Remaining Balance

Financed Loan Amount

$149,669

Total Interest

$199,801

Total of Payments

$349,470

*Includes financed FHA Upfront MIP of $2,574

Local Market Insights

Hyde County FHA Mortgage Overview

For Hyde County buyers, the 5.07% down payment on an FHA loan offers accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life due to the 94.93% LTV ratio—ideal for those with sub-620 credit. With a 1.03% effective property tax rate and a 2.5% inflation-adjusted increase, monthly affordability tightens. This data reflects 100% owner-occupied purchases, not investments, so focus on total housing costs when evaluating Hyde County FHA loan limits and tax impacts.

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.