Archuleta County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Archuleta County, CO Benchmarks

FHA averages

Typical Property Value$441,944

Average Down Payment12.9%

Average Interest Rate6.461%

Effective Tax Rate0.33%

Median Tax Paid$1,688/yr

Tax Growth (Historical)+6.3%

Based on 36 regional loans totaling $13,140,000 (HMDA database).

Home Price

Down Payment

$57,011 down · $384,933 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

$122 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$163 / month

Estimated Monthly Payment

$2,900/mo

Principal & Interest$2,465
Property Tax$122
Home Insurance$150
FHA MIP$163

Amortization · Remaining Balance

Financed Loan Amount

$391,670

Total Interest

$495,847

Total of Payments

$887,517

*Includes financed FHA Upfront MIP of $6,736

Local Market Insights

Archuleta County FHA Mortgage Overview

Archuleta County homebuyers using FHA loans benefit from accessible entry with a 12.93% down payment, yet must account for mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—critical for those with sub-620 credit scores. The 87.07% loan-to-value ratio confirms minimal equity, while the 0.33% property tax rate and 6.3% inflation-adjusted tax increase add to monthly costs. This data, reflecting 100% primary residences, highlights true affordability when evaluating an FHA loan with PMI and taxes in Archuleta County, CO.

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.