Free mortgage payment calculator tailored for Idaho (ID). Calculate instantly with state-specific rates and rules.
The median home value in Idaho is $370,000. Idaho saw extraordinary appreciation 2019-2022 (60-80% in Boise), driven by remote worker in-migration. Prices have moderated but remain well above 2019 levels.
The conforming loan limit is $726,200. All Idaho counties are at the standard conforming limit, though Blaine County (Sun Valley) may qualify for high-cost treatment in certain years. Loans up to this amount qualify for standard Fannie Mae/Freddie Mac rates. Above this is jumbo territory with stricter requirements.
At the median home value of $370,000 with a 20% down payment ($74,000), you'd borrow $296,000. At 7% for 30 years, principal and interest runs approximately $1,969/month. Add property taxes (~$194/mo) and insurance (~$150/mo) for a total PITI estimate.
Budget for Idaho's effective property tax rate of 0.63% (avg. bill: $1,817/year). Lenders include taxes in your PITI calculation and collect them monthly in escrow.
First-time buyers in Idaho should budget for closing costs of approximately $2,800. Idaho has low transfer taxes and recording fees, keeping closing costs below the national average.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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