Mortgage Calculator & Closing Costs: Coeur d'Alene, ID
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Coeur d'Alene, Idaho.
Median Home Price
$525K
Population
55K
Avg Monthly Rent
$1,580
Property Tax Rate
0.63% *
* Property tax shown is the Idaho state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Coeur d'Alene.
Coeur d'Alene vs Idaho Median
The median home price in Coeur d'Alene is $525,000, which is 25% above the Idaho state median of $420,000.
Mortgage Calculator — Coeur d'Alene, ID
Pre-filled with Coeur d'Alene median home price and Idaho tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $525K home using Idaho's 0.63% tax rate and $1,600/yr insurance.
5% Down
$3,852/mo
Down: $26,250
Loan: $499K
P&I: $3,152
Tax: $276
Insurance: $133
PMI: $291
10% Down
$3,671/mo
Down: $52,500
Loan: $473K
P&I: $2,987
Tax: $276
Insurance: $133
PMI: $276
20% Down (No PMI)
$3,064/mo
Down: $105,000
Loan: $420K
P&I: $2,655
Tax: $276
Insurance: $133
Income needed (28% rule): $131K/year with 20% down, $157K/year with 10% down.
Rent vs Buy in Coeur d'Alene
Rent
$1,580/mo
vs
Buy (10% down)
$3,671/mo
Price-to-rent ratio: 27.7 — At a ratio above 20, renting may be more economical in Coeur d'Alene for shorter stays. Buying costs $2,091 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Coeur d'Alene is $525,000, 25% above the Idaho state median of $420,000. With a population of 54,628, Coeur d'Alene is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Idaho average 0.63% annually. This low property tax rate is a significant advantage for Coeur d'Alene buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Idaho runs approximately $1,600 per year. This is within the normal range nationally.
Average rent in Coeur d'Alene is $1,580/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Coeur d'Alene is a higher-cost market. At $525K median, buyers need significant savings or strong income. Down payment assistance through Idaho's Idaho Housing DPA program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Coeur d'Alene.