Williams County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Williams County, ND Benchmarks

FHA averages

Typical Property Value$347,323

Average Down Payment6.1%

Average Interest Rate6.352%

Effective Tax Rate0.68%

Median Tax Paid$1,939/yr

Tax Growth (Historical)-1.7%

Based on 198 regional loans totaling $63,680,000 (HMDA database).

Home Price

Down Payment

$21,187 down · $326,136 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

$197 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$138 / month

Estimated Monthly Payment

$2,550/mo

Principal & Interest$2,065
Property Tax$197
Home Insurance$150
FHA MIP$138

Amortization · Remaining Balance

Financed Loan Amount

$331,844

Total Interest

$411,502

Total of Payments

$743,346

*Includes financed FHA Upfront MIP of $5,707

Local Market Insights

Williams County FHA Mortgage Overview

In Williams County, the FHA loan’s 6.08% down payment offers accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, ideal for buyers with sub-620 credit. The 93.92% loan-to-value (LTV) ratio and 100% owner-occupancy confirm low risk. With a 0.68% effective property tax rate and a -1.7% inflation-adjusted tax shift, monthly costs are modest. When evaluating an FHA loan down payment in Williams County, North Dakota, or reviewing FHA loan limits and taxes, note that MIP is permanent here. This data supports informed decisions for an FHA mortgage with property taxes.

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.