Orange County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Orange County, CA Benchmarks

FHA averages

Typical Property Value$926,467

Average Down Payment15.2%

Average Interest Rate6.053%

Effective Tax Rate0.64%

Median Tax Paid$6,330/yr

Tax Growth (Historical)+0.7%

Based on 1,652 regional loans totaling $1,218,540,000 (HMDA database).

Home Price

Down Payment

$140,823 down · $785,644 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

$494 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$333 / month

Estimated Monthly Payment

$5,796/mo

Principal & Interest$4,818
Property Tax$494
Home Insurance$150
FHA MIP$333

Amortization · Remaining Balance

Financed Loan Amount

$799,393

Total Interest

$935,264

Total of Payments

$1,734,657

*Includes financed FHA Upfront MIP of $13,749

Local Market Insights

Orange County FHA Mortgage Overview

For Orange County homebuyers using an FHA loan, the 15.23% average down payment on a $926,467 property provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan regardless of equity. The 84.77% loan-to-value ratio confirms this, making FHA ideal for those with sub-620 credit scores seeking owner-occupied financing. The effective property tax rate of 0.64%, with a recent 0.7% inflation-adjusted increase, adds approximately $494 monthly in taxes, impacting true affordability when paired with a 6.053% interest rate. This data underscores that an FHA mortgage calculator with PMI and taxes in Orange County, CA must factor in permanent MIP costs, not just down payment savings.

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.