Kings County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Kings County, CA Benchmarks

FHA averages

Typical Property Value$365,155

Average Down Payment7.7%

Average Interest Rate6.033%

Effective Tax Rate0.75%

Median Tax Paid$2,425/yr

Tax Growth (Historical)+2.5%

Based on 708 regional loans totaling $234,650,000 (HMDA database).

Home Price

Down Payment

$28,117 down · $337,038 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$228 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$143 / month

Estimated Monthly Payment

$2,584/mo

Principal & Interest$2,063
Property Tax$228
Home Insurance$150
FHA MIP$143

Amortization · Remaining Balance

Financed Loan Amount

$342,936

Total Interest

$399,634

Total of Payments

$742,570

*Includes financed FHA Upfront MIP of $5,898

Local Market Insights

Kings County FHA Mortgage Overview

For Kings County homebuyers using an FHA loan, the 7.70% average down payment offers accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life—unavoidable even with this equity. The 92.30% loan-to-value ratio confirms this is a high-LTV, owner-occupied market. The 0.75% property tax rate, adjusted upward by 2.5% for inflation, adds roughly $228 annually to true monthly costs. When evaluating an FHA loan down payment in Kings County, CA, remember that MIP and these property taxes must be factored into your total housing budget.

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.