Edited and reviewed by CEO Vatche Saatdjian — 30+ years of experience — Expert on FHA loans
Get your complete monthly payment including FHA mortgage insurance, Nevada property taxes, and homeowners insurance. See exactly what you'll pay before you apply.
FHA loans require just 3.5% down with 580+ credit score. Calculate your exact down payment amount.
Automatically calculates both upfront (1.75%) and annual FHA mortgage insurance premium (0.55%).
Pre-filled with average Nevada property tax rates and insurance costs for accurate Las Vegas, Reno estimates.
Minimum 3.5% with 580+ credit score
Nevada avg: 0.84% (Clark Co: 0.70%)
Nevada avg: $1,200/year
Learn what goes into your monthly FHA mortgage payment and how Nevada-specific costs affect your budget.
FHA loans require two types of mortgage insurance premium that protect the lender if you default on the loan.
Charged once at closing and typically rolled into your loan amount. On a $385,000 loan, that's $6,738 added to your principal.
Paid monthly for the life of the loan (with less than 10% down). On a $385,000 loan, that's about $176/month.
Note: MIP cannot be removed on FHA loans with less than 10% down. Consider refinancing to conventional once you reach 20% equity to eliminate mortgage insurance.
Nevada property tax rates vary by county. Understanding your local rate helps you budget accurately.
Example: On a $400,000 home in Las Vegas (0.70% rate), annual property tax is $2,800 or about $233/month.
Nevada homeowners insurance costs vary based on location, home value, and coverage level. The state average is around $1,200-1,500 annually.
Las Vegas Average
$1,350/year
Reno Average
$1,250/year
Henderson Average
$1,400/year
Use this estimate to start your FHA loan application. Get a personalized rate and payment quote in 24 hours.