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Garfield County FHA Loan Calculator

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

Loan Details

Garfield County, UT Benchmarks

FHA averages
Typical Property Value$349,167
Average Down Payment21.1%
Average Interest Rate6.108%
Effective Tax Rate0.27%
Median Tax Paid$1,127/yr
Tax Growth (Historical)+0.6%
Based on 12 regional loans totaling $2,640,000 (HMDA database).
$
%

$73,674 down · $275,493 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$79 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,046/mo

  • Principal & Interest$1,700
  • Property Tax$79
  • Home Insurance$150
  • FHA MIP$117
Amortization · Remaining Balance

Financed Loan Amount

$280,314

Total Interest

$331,866

Total of Payments

$612,179

*Includes financed FHA Upfront MIP of $4,821

Local Market Insights

Garfield County FHA Mortgage Overview

In Garfield County, FHA buyers are leveraging a substantial 21.11% down payment against a $349,167 average property value. While this equity cushion is strong, FHA rules mandate Mortgage Insurance Premiums (MIP) for the loan’s entire life, regardless of the down payment size. The 78.89% median loan-to-value (LTV) ratio confirms these are owner-occupied purchases. With a 0.27% effective tax rate and a 0.6% inflation-adjusted increase, monthly affordability remains favorable. For a detailed breakdown of your Garfield County FHA loan, including PMI and taxes, review the interactive tool above.

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.