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Idaho Mortgage Calculator

Your monthly mortgage payment in Idaho, with Idaho's effective property tax rate (0.49%) built in, at this week's average rate. The calculator starts at the state's median home value, $418,600.

A $419,000 home with 20% down ($335,200 borrowed) at 7.28% over 30 years costs about $2,630 a month: $2,293 principal and interest plus $337 of tax, insurance and dues.

Monthly payment
$2,630.19
Principal and interest
$2,293.48
Tax, insurance, PMI and HOA
$336.71
Total interest over the loan
$490,453
Loan balance and interest paid over 30 years at 7.28%$0$100k$200k$300k$400k$500k051015202530Years━Balance owed━Interest paid so far
Download the schedule (CSV)
Amortization by year: $335,200 at 7.28%
YearInterestPrincipalBalance
1$24,296.35$3,225.41$331,974.59
2$24,053.54$3,468.21$328,506.38
3$23,792.46$3,729.29$324,777.09
4$23,511.72$4,010.03$320,767.06
5$23,209.85$4,311.90$316,455.16
6$22,885.26$4,636.50$311,818.66
7$22,536.23$4,985.53$306,833.13
8$22,160.92$5,360.83$301,472.30
9$21,757.37$5,764.39$295,707.91
10$21,323.43$6,198.33$289,509.59
11$20,856.83$6,664.93$282,844.66
12$20,355.10$7,166.66$275,678.00
13$19,815.60$7,706.16$267,971.84
14$19,235.49$8,286.27$259,685.58
15$18,611.71$8,910.05$250,775.53
16$17,940.97$9,580.79$241,194.74
17$17,219.74$10,302.02$230,892.73
18$16,444.21$11,077.54$219,815.18
19$15,610.31$11,911.45$207,903.74
20$14,713.63$12,808.13$195,095.61
21$13,749.45$13,772.31$181,323.30
22$12,712.68$14,809.07$166,514.23
23$11,597.87$15,923.88$150,590.34
24$10,399.14$17,122.62$133,467.73
25$9,110.17$18,411.59$115,056.14
26$7,724.16$19,797.59$95,258.55
27$6,233.82$21,287.93$73,970.62
28$4,631.29$22,890.46$51,080.15
29$2,908.12$24,613.63$26,466.52
30$1,055.23$26,466.52$0.00

This week's mortgage rates →

Monthly payment in Idaho by home price (20% down, 7%, 30 years, 0.49% tax, $2,000 insurance)

Home pricePrincipal and interestProperty taxTotal
$210,000$1,118$85$1,370
$310,000$1,650$126$1,942
$420,000$2,235$170$2,573
$630,000$3,353$256$3,775
$840,000$4,471$341$4,978

How this calculator works

As the mortgage calculator, with Idaho's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $2,038 ÷ median value $418,600.

What it assumes

  • Home insurance varies a lot by state and area; enter your quote.
  • County property tax rates differ from the state figure; see the county pages.

Questions people ask

What is the mortgage payment on a median home in Idaho?

On $418,600 with 20% down at 7% over 30 years: about $2,228 principal and interest and $170 of property tax, $2,565 a month with $2,000 a year of insurance.

What is the median home value in Idaho?

$418,600 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Idaho?

The effective rate is 0.49%, a median $2,038 a year. See Idaho's property tax page for every county we cover.

How much income do I need for a median Idaho home?

Under the 28% guideline, about $109,908 a year for the payment above; Idaho's median household income is $77,800.

Mortgage calculator by state

Related calculators

  • Mortgage CalculatorYour full monthly mortgage payment: principal and interest, property tax, insurance, PMI and HOA dues, at this week's average rate, with a yearly amortization schedule.
  • Idaho Property Tax CalculatorIdaho homeowners pay a median $2,038 a year in property tax, 0.49% of a median $418,600 home: the 45th highest effective rate of the 50 states and DC.
  • Home Affordability CalculatorThe home price your income supports under the 28/36 guideline lenders use, counting your other debts, down payment, taxes and insurance, at this week's average rate.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.