Forest County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Forest County, WI Benchmarks

FHA averages

Typical Property Value$298,000

Average Down Payment18.4%

Average Interest Rate6.098%

Effective Tax Rate0.90%

Median Tax Paid$1,988/yr

Tax Growth (Historical)-3.0%

Based on 10 regional loans totaling $2,390,000 (HMDA database).

Home Price

Down Payment

$54,832 down · $243,168 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

$224 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$103 / month

Estimated Monthly Payment

$1,976/mo

Principal & Interest$1,499
Property Tax$224
Home Insurance$150
FHA MIP$103

Amortization · Remaining Balance

Financed Loan Amount

$247,423

Total Interest

$292,351

Total of Payments

$539,774

*Includes financed FHA Upfront MIP of $4,255

Local Market Insights

Forest County FHA Mortgage Overview

In Forest County, the typical FHA buyer puts down 18.37%, well above the 3.5% minimum, yet mandatory Mortgage Insurance Premiums (MIP) remain for the loan's life regardless of equity. This data, reflecting 100% owner-occupied purchases, shows an 81.63% Loan-to-Value ratio—a solid entry point for those with sub-620 credit. The local effective property tax rate is 0.90%, and with a recent -3.0% inflation-adjusted tax change, monthly affordability improves slightly. For a $298,000 home, this lower tax burden reduces the total monthly payment when using an FHA loan calculator with PMI and taxes in Forest County, WI.

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.