Rich County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Rich County, UT Benchmarks

FHA averages

Typical Property Value$302,500

Average Down Payment5.1%

Average Interest Rate6.583%

Effective Tax Rate0.34%

Median Tax Paid$859/yr

Tax Growth (Historical)-1.5%

Based on 4 regional loans totaling $1,140,000 (HMDA database).

Home Price

Down Payment

$15,428 down · $287,073 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

$86 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$122 / month

Estimated Monthly Payment

$2,219/mo

Principal & Interest$1,862
Property Tax$86
Home Insurance$150
FHA MIP$122

Amortization · Remaining Balance

Financed Loan Amount

$292,096

Total Interest

$378,095

Total of Payments

$670,191

*Includes financed FHA Upfront MIP of $5,024

Local Market Insights

Rich County FHA Mortgage Overview

In Rich County, the 5.13% FHA down payment on a $302,500 home provides accessible entry, but mandates Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for buyers with sub-620 credit. The 94.87% Loan-to-Value ratio confirms minimal equity at closing. A low 0.34% property tax rate, with a -1.5% inflation-adjusted decrease, slightly improves monthly affordability. For an FHA loan with PMI and taxes in Rich County, UT, this data reflects 100% owner-occupied purchases, not investments. Use these FHA loan limits and tax insights to assess true costs.

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.