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Randolph County FHA Loan Calculator

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

Loan Details

Randolph County, AR Benchmarks

FHA averages
Typical Property Value$167,740
Average Down Payment12.3%
Average Interest Rate6.387%
Effective Tax Rate0.42%
Median Tax Paid$527/yr
Tax Growth (Historical)-1.5%
Based on 73 regional loans totaling $10,245,000 (HMDA database).
$
%

$20,632 down · $147,108 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$59 / month

$

Annual premium

$

Per month

%

$62 / month

Estimated Monthly Payment

$1,206/mo

  • Principal & Interest$935
  • Property Tax$59
  • Home Insurance$150
  • FHA MIP$62
Amortization · Remaining Balance

Financed Loan Amount

$149,682

Total Interest

$187,023

Total of Payments

$336,705

*Includes financed FHA Upfront MIP of $2,574

Local Market Insights

Randolph County FHA Mortgage Overview

For Randolph County buyers using an FHA loan, the 12.35% down payment provides accessible entry, but the 87.65% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) are required for the loan's life, regardless of equity. This is ideal for primary residence buyers with sub-620 credit. The effective property tax rate of 0.42% is low, and the recent -1.5% inflation-adjusted shift reduces monthly costs. When evaluating an FHA loan with PMI and taxes in Randolph County, AR, note the average property value of $167,739.73 and a 6.387% rate. For FHA loan limits and tax impacts, this market favors steady, long-term occupancy.

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.