Emery County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Emery County, UT Benchmarks

FHA averages

Typical Property Value$311,604

Average Down Payment11.9%

Average Interest Rate6.265%

Effective Tax Rate0.62%

Median Tax Paid$1,350/yr

Tax Growth (Historical)+13.8%

Based on 53 regional loans totaling $14,085,000 (HMDA database).

Home Price

Down Payment

$37,081 down · $274,523 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

$161 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$116 / month

Estimated Monthly Payment

$2,149/mo

Principal & Interest$1,722
Property Tax$161
Home Insurance$150
FHA MIP$116

Amortization · Remaining Balance

Financed Loan Amount

$279,327

Total Interest

$340,479

Total of Payments

$619,806

*Includes financed FHA Upfront MIP of $4,804

Local Market Insights

Emery County FHA Mortgage Overview

For Emery County homebuyers, the 11.87% average down payment on an FHA loan provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—ideal for those with sub-620 credit scores. With an 88.13% Loan-to-Value ratio and 100% primary occupancy, this data reflects standard owner-occupied purchases. The 0.62% effective property tax rate, adjusted upward by 13.8% due to inflation, directly impacts monthly affordability. When evaluating an FHA loan with PMI and taxes in Emery County, UT, remember that property taxes will rise with home values, increasing your true monthly cost.

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.