Mortgage Affordability Calculator for Idaho (ID) — Free Calculator

Buying a Home in Idaho: What You Can Afford

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.

Conforming Loan Limits in Idaho

The conforming loan limit in Idaho 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 above this threshold are considered jumbo loans and typically carry stricter qualification requirements and slightly higher rates.

Property Taxes to Budget For

Beyond your mortgage payment, budget for Idaho's property taxes: the effective rate is 0.63%, meaning a home at the median value generates about $1,817/year in taxes. This is a real cost that lenders include in your debt-to-income (DTI) calculation.

Closing Costs in Idaho

Buyers typically pay around $2,800 in closing costs in Idaho. Idaho has low transfer taxes and recording fees, keeping closing costs below the national average. Factor this into your upfront cash requirement alongside your down payment.

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.

Mortgage Affordability Calculator for Other States

Frequently Asked Questions

What is the median home price in Idaho?

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.

What is the conforming loan limit in Idaho?

The conforming loan limit in most of Idaho 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.

How much are property taxes in Idaho?

Idaho's effective property tax rate is 0.63%, with an average annual bill of $1,817. Lenders include property taxes in your monthly PITI payment and DTI calculation.

How much do I need for a down payment in Idaho?

For a home at Idaho's median value of $370,000, a 20% conventional down payment is $74,000, and a 3.5% FHA down payment is $13,000. Budget an additional $2,800 for closing costs.