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Wallowa County FHA Loan Calculator

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

Loan Details

Wallowa County, OR Benchmarks

FHA averages
Typical Property Value$395,870
Average Down Payment21.6%
Average Interest Rate6.278%
Effective Tax Rate0.49%
Median Tax Paid$2,270/yr
Tax Growth (Historical)+1.3%
Based on 23 regional loans totaling $5,835,000 (HMDA database).
$
%

$85,508 down · $310,362 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$162 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,394/mo

  • Principal & Interest$1,951
  • Property Tax$162
  • Home Insurance$150
  • FHA MIP$132
Amortization · Remaining Balance

Financed Loan Amount

$315,793

Total Interest

$386,408

Total of Payments

$702,202

*Includes financed FHA Upfront MIP of $5,431

Local Market Insights

Wallowa County FHA Mortgage Overview

In Wallowa County, the typical FHA buyer puts down 21.64%, significantly exceeding the 3.5% minimum. This strong equity stake yields a low 78.36% loan-to-value ratio, yet FHA’s mandatory Mortgage Insurance Premium remains for the loan’s life, a key factor when using an FHA loan with PMI and taxes in Wallowa County, OR. The 0.49% effective property tax rate is moderate, but the 1.3% inflation-adjusted increase adds a modest monthly cost. For buyers exploring Wallowa County FHA loan limits and property taxes, this data shows a market of committed owner-occupants, not investors, where the lower entry barrier of FHA is offset by permanent MIP.

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.