Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Texas>Edwards County (Conventional)

Edwards County Conventional Mortgage Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Edwards County, Texas based on real HMDA transaction records.

Loan Details

Edwards County, TX Benchmarks

Conventional averages
Typical Property Value$330,000
Average Down Payment20.1%
Average Interest Rate6.875%
Effective Tax Rate0.66%
Median Tax Paid$742/yr
Tax Growth (Historical)-12.5%
Based on 4 regional loans totaling $930,000 (HMDA database).
$
%

$66,330 down · $263,670 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$182 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,065/mo

  • Principal & Interest$1,733
  • Property Tax$182
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$263,670

Total Interest

$360,212

Total of Payments

$623,882

Local Market Insights

Edwards County Conventional Mortgage Overview

In Edwards County, the 20.07% average down payment on a Conventional loan indicates strong buyer credit and equity, effectively avoiding Private Mortgage Insurance (PMI). With a 79.93% Loan-to-Value (LTV) ratio, buyers are already close to the 20% equity threshold, meaning PMI cancellation is achievable quickly through principal payments. The 0.66% effective property tax rate, combined with a -12.5% inflation-adjusted decrease, significantly lowers true monthly affordability for a conventional mortgage with taxes. This tax relief, alongside a $330,000 average property value and 6.875% interest rate, makes Edwards County attractive for primary residence buyers using a conventional loan.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.