CALCMONEY // MORTGAGE // ID
Calculate your monthly mortgage payment using Idaho-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$445,000
6.95%
0.69%
5.8% flat
How today's 6.95% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.95% | — |
| 2024 avg | 7.37% | -0.42% |
| 2023 avg | 7.80% | -0.85% |
| 2022 peak | 7.63% | -0.68% |
| 2021 avg | 3.55% | +3.40% |
| 2020 avg | 3.35% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Idaho market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $2,357 |
| Property Tax | $256 |
| Homeowners Insurance (est.) | $148 |
| Total Monthly Payment (PITI) | $2,761 |
$89,000
$492,352
$118,318/yr
The median home price in Idaho is $445,000, above the national median of $420,000. With a median household income of $64,900, the price-to-income ratio is 6.9x.
Property taxes in Idaho average 0.69% of assessed value. On the median home, that is $3,071 per year, or $256 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Idaho homeowners a property tax advantage.
Idaho has a state income tax of 5.8% flat. Factor this into your take-home pay when calculating how much mortgage you can afford.
The cost of living index in Idaho is 98 (national average = 100). Everyday expenses beyond housing are close to the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $356,000 loan saves $16,020 in interest over 30 years.
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