Chelan County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Chelan County, WA Benchmarks

FHA averages

Typical Property Value$467,654

Average Down Payment11.1%

Average Interest Rate6.318%

Effective Tax Rate0.65%

Median Tax Paid$3,503/yr

Tax Growth (Historical)+5.0%

Based on 162 regional loans totaling $64,260,000 (HMDA database).

Home Price

Down Payment

$51,910 down · $415,744 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

$253 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$176 / month

Estimated Monthly Payment

$3,203/mo

Principal & Interest$2,624
Property Tax$253
Home Insurance$150
FHA MIP$176

Amortization · Remaining Balance

Financed Loan Amount

$423,020

Total Interest

$521,583

Total of Payments

$944,602

*Includes financed FHA Upfront MIP of $7,276

Local Market Insights

Chelan County FHA Mortgage Overview

For Chelan County homebuyers using an FHA loan, the 11.12% average down payment provides accessible entry, but note that the 8.88% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan—ideal for those with sub-620 credit scores. The effective property tax rate of 0.65% on a $467,654 average property, coupled with a 5.0% inflation-adjusted tax increase, raises true monthly affordability. When evaluating an FHA loan with PMI and taxes in Chelan County, WA, these recurring costs significantly impact your budget. All data reflects primary residences, not investment properties.

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.