Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Idaho>Gooding County (FHA)

Gooding County FHA Loan Calculator

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

Loan Details

Gooding County, ID Benchmarks

FHA averages
Typical Property Value$315,294
Average Down Payment9.5%
Average Interest Rate6.143%
Effective Tax Rate0.43%
Median Tax Paid$1,279/yr
Tax Growth (Historical)+1.4%
Based on 68 regional loans totaling $18,820,000 (HMDA database).
$
%

$29,953 down · $285,341 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$113 / month

$

Annual premium

$

Per month

%

$121 / month

Estimated Monthly Payment

$2,151/mo

  • Principal & Interest$1,767
  • Property Tax$113
  • Home Insurance$150
  • FHA MIP$121
Amortization · Remaining Balance

Financed Loan Amount

$290,335

Total Interest

$345,757

Total of Payments

$636,091

*Includes financed FHA Upfront MIP of $4,993

Local Market Insights

Gooding County FHA Mortgage Overview

Gooding County’s FHA market reveals a strategic entry point for owner-occupants. The 9.49% weighted down payment and 90.51% LTV ratio underscore accessible financing, but FHA’s mandatory Mortgage Insurance Premium (MIP) applies for the loan’s life, locking in a fixed cost regardless of equity. This makes FHA ideal for buyers with sub-620 credit seeking stability. The effective property tax rate of 0.43% is low, yet the 1.4% inflation-adjusted shift modestly raises monthly obligations. For accurate budgeting, consider an FHA loan with PMI and taxes in Gooding County, ID, or review Gooding County FHA loan limits and tax scenarios to gauge true affordability.

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.