Sevier County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sevier County, UT Benchmarks

FHA averages

Typical Property Value$341,636

Average Down Payment10.0%

Average Interest Rate6.189%

Effective Tax Rate0.49%

Median Tax Paid$1,683/yr

Tax Growth (Historical)+7.9%

Based on 110 regional loans totaling $32,810,000 (HMDA database).

Home Price

Down Payment

$34,164 down · $307,472 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

$140 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$130 / month

Estimated Monthly Payment

$2,334/mo

Principal & Interest$1,914
Property Tax$140
Home Insurance$150
FHA MIP$130

Amortization · Remaining Balance

Financed Loan Amount

$312,853

Total Interest

$376,222

Total of Payments

$689,076

*Includes financed FHA Upfront MIP of $5,381

Local Market Insights

Sevier County FHA Mortgage Overview

In Sevier County, the 9.99% average down payment on FHA loans provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) remains for the loan's life due to the 90.01% LTV ratio. This structure suits buyers with sub-620 credit scores seeking primary residences. The 0.49% effective property tax rate, adjusted upward by 7.9% for inflation, increases true monthly affordability costs. When evaluating an FHA loan down payment in Sevier County, Utah, consider these tax impacts alongside PMI to gauge total housing expense.

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.