Mortgage Calculator & Closing Costs: Post Falls, ID
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Post Falls, Idaho.
Median Home Price
$435K
Population
39K
Avg Monthly Rent
$1,450
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 Post Falls.
Post Falls vs Idaho Median
The median home price in Post Falls is $435,000, which is roughly in line with the Idaho state median of $420,000.
Mortgage Calculator — Post Falls, ID
Pre-filled with Post Falls median home price and Idaho tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $435K home using Idaho's 0.63% tax rate and $1,600/yr insurance.
5% Down
$3,215/mo
Down: $21,750
Loan: $413K
P&I: $2,612
Tax: $228
Insurance: $133
PMI: $241
10% Down
$3,065/mo
Down: $43,500
Loan: $392K
P&I: $2,475
Tax: $228
Insurance: $133
PMI: $228
20% Down (No PMI)
$2,561/mo
Down: $87,000
Loan: $348K
P&I: $2,200
Tax: $228
Insurance: $133
Income needed (28% rule): $110K/year with 20% down, $131K/year with 10% down.
Rent vs Buy in Post Falls
Rent
$1,450/mo
vs
Buy (10% down)
$3,065/mo
Price-to-rent ratio: 25.0 — At a ratio above 20, renting may be more economical in Post Falls for shorter stays. Buying costs $1,615 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 Post Falls is $435,000, roughly in line with the Idaho state median of $420,000. With a population of 38,965, Post Falls 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 Post Falls 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 Post Falls is $1,450/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.
Post Falls is a higher-cost market. At $435K 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 Post Falls.