Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Alaska>Petersburg Borough (FHA)

Petersburg Borough FHA Loan Calculator

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

Loan Details

Petersburg Borough, AK Benchmarks

FHA averages
Typical Property Value$335,000
Average Down Payment11.7%
Average Interest Rate6.281%
Effective Tax Rate0.55%
Median Tax Paid$1,896/yr
Tax Growth (Historical)-11.0%
Based on 4 regional loans totaling $1,180,000 (HMDA database).
$
%

$39,195 down · $295,805 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$154 / month

$

Annual premium

$

Per month

%

$125 / month

Estimated Monthly Payment

$2,288/mo

  • Principal & Interest$1,859
  • Property Tax$154
  • Home Insurance$150
  • FHA MIP$125
Amortization · Remaining Balance

Financed Loan Amount

$300,982

Total Interest

$368,284

Total of Payments

$669,266

*Includes financed FHA Upfront MIP of $5,177

Local Market Insights

Petersburg Borough FHA Mortgage Overview

For Petersburg Borough homebuyers using an FHA loan, the 11.74% down payment on a $335,000 property provides accessible entry, but critical to note: FHA Mortgage Insurance Premiums (MIP) are required for the life of the loan regardless of this down payment. With an 88.26% loan-to-value ratio, this is ideal for buyers with a sub-620 credit score. The effective property tax rate of 0.55% is modest, and the recent -11.0% inflation-adjusted tax shift improves true monthly affordability. When evaluating an FHA loan with PMI and taxes in Petersburg Borough, AK, the low tax burden slightly offsets the permanent MIP cost, making this a stable option for primary residences.

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.