Sawyer County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sawyer County, WI Benchmarks

FHA averages

Typical Property Value$251,500

Average Down Payment16.8%

Average Interest Rate6.337%

Effective Tax Rate0.77%

Median Tax Paid$1,897/yr

Tax Growth (Historical)-3.1%

Based on 20 regional loans totaling $3,970,000 (HMDA database).

Home Price

Down Payment

$42,252 down · $209,248 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

$89 / month

Estimated Monthly Payment

$1,724/mo

Principal & Interest$1,323
Property Tax$161
Home Insurance$150
FHA MIP$89

Amortization · Remaining Balance

Financed Loan Amount

$212,910

Total Interest

$263,518

Total of Payments

$476,428

*Includes financed FHA Upfront MIP of $3,662

Local Market Insights

Sawyer County FHA Mortgage Overview

In Sawyer County, the 16.77% average down payment on an FHA loan provides accessible entry despite requiring mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, even with this equity. The 83.23% loan-to-value ratio reflects strong primary occupancy, ideal for buyers with sub-620 credit. The 0.77% effective property tax rate, with a -3.1% inflation-adjusted decline, reduces monthly carrying costs, enhancing affordability when using a Sawyer County FHA loan with PMI and taxes analysis. This tax relief offsets higher interest rates for local homebuyers.

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.