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Owyhee County FHA Loan Calculator

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

Loan Details

Owyhee County, ID Benchmarks

FHA averages
Typical Property Value$385,870
Average Down Payment11.5%
Average Interest Rate6.070%
Effective Tax Rate0.39%
Median Tax Paid$1,432/yr
Tax Growth (Historical)+2.5%
Based on 46 regional loans totaling $14,550,000 (HMDA database).
$
%

$44,375 down · $341,495 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$125 / month

$

Annual premium

$

Per month

%

$145 / month

Estimated Monthly Payment

$2,519/mo

  • Principal & Interest$2,099
  • Property Tax$125
  • Home Insurance$150
  • FHA MIP$145
Amortization · Remaining Balance

Financed Loan Amount

$347,471

Total Interest

$408,143

Total of Payments

$755,614

*Includes financed FHA Upfront MIP of $5,976

Local Market Insights

Owyhee County FHA Mortgage Overview

For Owyhee County homebuyers, the 11.52% average down payment on FHA loans provides accessible entry despite requiring mandatory Mortgage Insurance Premiums (MIP) for the loan's life. This is ideal for those with sub-620 credit scores. The 88.48% Loan-to-Value (LTV) ratio, combined with 100% primary occupancy, confirms a stable, owner-occupied market. The 0.39% effective property tax rate is low, but the recent 2.5% inflation-adjusted increase will modestly raise monthly costs. When evaluating an FHA loan with PMI and taxes in Owyhee County, ID, or understanding FHA loan down payment dynamics, these figures highlight a budget-friendly yet insurance-heavy path to homeownership.

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.