Sanpete County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sanpete County, UT Benchmarks

FHA averages

Typical Property Value$387,213

Average Down Payment9.1%

Average Interest Rate6.236%

Effective Tax Rate0.47%

Median Tax Paid$1,619/yr

Tax Growth (Historical)+2.2%

Based on 122 regional loans totaling $40,430,000 (HMDA database).

Home Price

Down Payment

$35,236 down · $351,977 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

$152 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$149 / month

Estimated Monthly Payment

$2,654/mo

Principal & Interest$2,203
Property Tax$152
Home Insurance$150
FHA MIP$149

Amortization · Remaining Balance

Financed Loan Amount

$358,136

Total Interest

$434,864

Total of Payments

$793,000

*Includes financed FHA Upfront MIP of $6,160

Local Market Insights

Sanpete County FHA Mortgage Overview

For Sanpete County homebuyers, the 9.13% average down payment on an FHA loan provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) applies for the loan’s life regardless of equity, ideal for those with sub-620 credit. The 90.87% Loan-to-Value ratio confirms this. The effective property tax rate of 0.47% is low, yet a 2.2% inflation-adjusted tax shift will slightly raise monthly costs. When using an FHA loan calculator with PMI and taxes in Sanpete County, UT, factor in this permanent MIP cost against the low down payment.

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.