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Hot Springs County FHA Loan Calculator

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

Loan Details

Hot Springs County, WY Benchmarks

FHA averages
Typical Property Value$261,667
Average Down Payment12.5%
Average Interest Rate6.330%
Effective Tax Rate0.62%
Median Tax Paid$1,236/yr
Tax Growth (Historical)-0.3%
Based on 3 regional loans totaling $685,000 (HMDA database).
$
%

$32,708 down · $228,959 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$135 / month

$

Annual premium

$

Per month

%

$97 / month

Estimated Monthly Payment

$1,829/mo

  • Principal & Interest$1,447
  • Property Tax$135
  • Home Insurance$150
  • FHA MIP$97
Amortization · Remaining Balance

Financed Loan Amount

$232,965

Total Interest

$287,793

Total of Payments

$520,758

*Includes financed FHA Upfront MIP of $4,007

Local Market Insights

Hot Springs County FHA Mortgage Overview

For Hot Springs County homebuyers utilizing an FHA loan, the 12.53% down payment and 87.47% LTV ratio provide accessible entry, but require mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for those with sub-620 credit. This data reflects 100% owner-occupied purchases. The 0.62% property tax rate, with a -0.3% inflation-adjusted decrease, slightly improves monthly affordability. When evaluating an FHA loan with PMI and taxes in Hot Springs County, WY, or assessing FHA loan limits and property taxes, the low tax shift offers long-term cost stability. This analysis supports any FHA down payment assessment for Hot Springs County, Wyoming.

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.