Mortgage on a $450K house in Idaho
$2,804 a month with 20% down — $2,422 principal and interest plus $158 property tax and $225 insurance.
Idaho's typical property tax is 0.42% of the home's value a year (U.S. average 0.9%), which adds $158 a month on a $450K home. The typical home in Idaho is worth $476,754, so $450K is 6% below the typical price.
$450K home in Idaho: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,000 | $360,000 | $2,422 | $0 | $383 | $2,804 | $120,200 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $383 | $3,276 | $140,400 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $383 | $3,437 | $147,300 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $383 | $3,554 | $152,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.42% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Idaho does $450K buy a typical home?
In these counties the typical home value is within 15% of $450K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Franklin County | $435,938 | 0.4% | $2,796 |
| Boundary County | $464,905 | 0.39% | $2,792 |
| Owyhee County | $433,227 | 0.4% | $2,796 |
| Jefferson County | $469,151 | 0.45% | $2,814 |
| Fremont County | $473,183 | 0.44% | $2,814 |
| Latah County | $475,190 | 0.64% | $2,888 |
| Madison County | $423,156 | 0.48% | $2,828 |
| Gem County | $479,474 | 0.33% | $2,771 |
| Boise County | $479,858 | 0.34% | $2,774 |
| Canyon County | $416,843 | 0.52% | $2,840 |
| Payette County | $412,388 | 0.4% | $2,796 |
| Bear Lake County | $402,207 | 0.41% | $2,799 |
30 of 43 Idaho counties tracked by Zillow have a typical home value at or below $450K. See all Idaho home prices.
Other prices in Idaho
Frequently asked questions
What is the mortgage on a $450K house in Idaho?
About $2,804 a month with 20% down at 7.11%: $2,422 principal and interest, $158 property tax and $225 insurance.
How much do I need to make to buy a $450K house in Idaho?
About $120,200 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in Idaho?
At Idaho's typical effective rate of 0.42%, about $1,891 a year. Rates vary by county and city — see the county pages.