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Nye County FHA Loan Calculator

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

Loan Details

Nye County, NV Benchmarks

FHA averages
Typical Property Value$324,458
Average Down Payment9.4%
Average Interest Rate6.389%
Effective Tax Rate0.51%
Median Tax Paid$1,316/yr
Tax Growth (Historical)+1.6%
Based on 426 regional loans totaling $119,010,000 (HMDA database).
$
%

$30,499 down · $293,959 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$138 / month

$

Annual premium

$

Per month

%

$125 / month

Estimated Monthly Payment

$2,281/mo

  • Principal & Interest$1,869
  • Property Tax$138
  • Home Insurance$150
  • FHA MIP$125
Amortization · Remaining Balance

Financed Loan Amount

$299,103

Total Interest

$373,719

Total of Payments

$672,822

*Includes financed FHA Upfront MIP of $5,144

Local Market Insights

Nye County FHA Mortgage Overview

Nye County’s FHA market shows accessible entry with a 9.45% down payment, ideal for owner-occupants, often with sub-620 credit. However, this low equity triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, a permanent cost absent in conventional loans. The 90.55% LTV confirms high leverage, typical for first-time buyers. A 0.51% property tax rate, adjusted 1.6% for inflation, keeps monthly holding costs low, improving true affordability when using an FHA loan with PMI and taxes in Nye County, NV. Understanding Nye County FHA loan limits and tax impacts is crucial for 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.