Powell County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Powell County, MT Benchmarks

FHA averages

Typical Property Value$306,053

Average Down Payment8.0%

Average Interest Rate6.390%

Effective Tax Rate0.53%

Median Tax Paid$2,104/yr

Tax Growth (Historical)+12.8%

Based on 19 regional loans totaling $4,995,000 (HMDA database).

Home Price

Down Payment

$24,484 down · $281,569 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

$135 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$119 / month

Estimated Monthly Payment

$2,195/mo

Principal & Interest$1,790
Property Tax$135
Home Insurance$150
FHA MIP$119

Amortization · Remaining Balance

Financed Loan Amount

$286,496

Total Interest

$357,967

Total of Payments

$644,463

*Includes financed FHA Upfront MIP of $4,927

Local Market Insights

Powell County FHA Mortgage Overview

In Powell County, the 7.95% average down payment on FHA loans provides accessible entry for owner-occupants, but mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life regardless of equity. The 92.05% Loan-to-Value ratio confirms this is ideal for buyers with sub-620 credit seeking primary residences. At $306,052 average property value, the effective 0.53% tax rate is manageable, but the 12.8% inflation-adjusted tax shift will raise monthly affordability. For a complete assessment of FHA loan limits with property taxes, use an FHA mortgage tool that accounts for PMI and taxes in Powell County, MT.

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.