Boise County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Boise County, ID Benchmarks

FHA averages

Typical Property Value$442,692

Average Down Payment15.7%

Average Interest Rate5.970%

Effective Tax Rate0.38%

Median Tax Paid$1,611/yr

Tax Growth (Historical)-0.5%

Based on 39 regional loans totaling $13,755,000 (HMDA database).

Home Price

Down Payment

$69,503 down · $373,189 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

$140 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$158 / month

Estimated Monthly Payment

$2,718/mo

Principal & Interest$2,269
Property Tax$140
Home Insurance$150
FHA MIP$158

Amortization · Remaining Balance

Financed Loan Amount

$379,720

Total Interest

$437,226

Total of Payments

$816,946

*Includes financed FHA Upfront MIP of $6,531

Local Market Insights

Boise County FHA Mortgage Overview

For Boise County homebuyers exploring an FHA loan, the 15.67% weighted average down payment provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life due to the 84.33% LTV ratio. This benefits those with sub-620 credit scores seeking owner-occupied properties. The effective 0.38% property tax rate, with a -0.5% inflation-adjusted decrease, slightly improves monthly affordability. When evaluating an FHA loan with PMI and taxes in Boise County, ID, this low tax burden offsets some MIP costs, making the FHA loan limits and tax structure favorable for primary residence buyers.

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.