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Shasta County FHA Loan Calculator

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

Loan Details

Shasta County, CA Benchmarks

FHA averages
Typical Property Value$360,151
Average Down Payment7.9%
Average Interest Rate6.235%
Effective Tax Rate0.70%
Median Tax Paid$2,542/yr
Tax Growth (Historical)+1.0%
Based on 729 regional loans totaling $232,995,000 (HMDA database).
$
%

$28,452 down · $331,699 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$210 / month

$

Annual premium

$

Per month

%

$141 / month

Estimated Monthly Payment

$2,577/mo

  • Principal & Interest$2,076
  • Property Tax$210
  • Home Insurance$150
  • FHA MIP$141
Amortization · Remaining Balance

Financed Loan Amount

$337,504

Total Interest

$409,811

Total of Payments

$747,315

*Includes financed FHA Upfront MIP of $5,805

Local Market Insights

Shasta County FHA Mortgage Overview

For Shasta County homebuyers using an FHA loan, the 7.91% down payment provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life due to the 92.09% Loan-to-Value (LTV) ratio. This data reflects 100% owner-occupied purchases, ideal for buyers with sub-620 credit scores. The 0.70% effective property tax rate and a 1.0% inflation-adjusted tax shift add roughly $210 annually on a $360,151 property, impacting true monthly affordability. When evaluating an FHA loan with PMI and taxes in Shasta County, CA, the low down payment reduces upfront costs, but the permanent MIP and tax trends necessitate careful budgeting.

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.