Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Utah>Iron County (FHA)

Iron County FHA Loan Calculator

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

Loan Details

Iron County, UT Benchmarks

FHA averages
Typical Property Value$388,639
Average Down Payment6.5%
Average Interest Rate6.101%
Effective Tax Rate0.43%
Median Tax Paid$1,558/yr
Tax Growth (Historical)+4.7%
Based on 327 regional loans totaling $115,245,000 (HMDA database).
$
%

$25,262 down · $363,377 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$139 / month

$

Annual premium

$

Per month

%

$154 / month

Estimated Monthly Payment

$2,684/mo

  • Principal & Interest$2,241
  • Property Tax$139
  • Home Insurance$150
  • FHA MIP$154
Amortization · Remaining Balance

Financed Loan Amount

$369,737

Total Interest

$436,874

Total of Payments

$806,610

*Includes financed FHA Upfront MIP of $6,359

Local Market Insights

Iron County FHA Mortgage Overview

For Iron County homebuyers, the 6.53% average FHA down payment provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan's life, regardless of equity. With a 93.47% Loan-to-Value ratio and 100% owner-occupancy, this data reflects standard buyers. The effective property tax rate of 0.43% is low, but the 4.7% inflation-adjusted shift will modestly increase monthly costs. When evaluating an FHA loan with PMI and taxes in Iron County, UT, or assessing FHA loan limits, remember MIP is permanent. This FHA down payment structure in Iron County, Utah, offers a path for those with sub-620 credit, though the 6.101% average rate demands careful 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.