Dickey County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Dickey County, ND Benchmarks

FHA averages

Typical Property Value$201,000

Average Down Payment7.0%

Average Interest Rate6.050%

Effective Tax Rate0.90%

Median Tax Paid$1,488/yr

Tax Growth (Historical)-6.1%

Based on 5 regional loans totaling $925,000 (HMDA database).

Home Price

Down Payment

$14,070 down · $186,930 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

$151 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$79 / month

Estimated Monthly Payment

$1,526/mo

Principal & Interest$1,146
Property Tax$151
Home Insurance$150
FHA MIP$79

Amortization · Remaining Balance

Financed Loan Amount

$190,201

Total Interest

$222,529

Total of Payments

$412,731

*Includes financed FHA Upfront MIP of $3,271

Local Market Insights

Dickey County FHA Mortgage Overview

For Dickey County homebuyers, the 7.03% down payment on an FHA loan provides accessible entry, but this low equity means mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan—a key factor when comparing FHA loan options with PMI and taxes in Dickey County, ND. With a 92.97% loan-to-value ratio and 100% owner-occupied purchases, this market favors buyers with sub-620 credit scores. The effective property tax rate of 0.90% combined with a -6.1% inflation-adjusted tax shift lowers true monthly affordability, making a Dickey County FHA mortgage evaluation with property taxes critical for accurate budgeting.

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.