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Putnam County FHA Loan Calculator

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

Loan Details

Putnam County, FL Benchmarks

FHA averages
Typical Property Value$233,240
Average Down Payment10.1%
Average Interest Rate6.353%
Effective Tax Rate0.64%
Median Tax Paid$1,249/yr
Tax Growth (Historical)+1.3%
Based on 467 regional loans totaling $94,875,000 (HMDA database).
$
%

$23,557 down · $209,683 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$124 / month

$

Annual premium

$

Per month

%

$89 / month

Estimated Monthly Payment

$1,691/mo

  • Principal & Interest$1,328
  • Property Tax$124
  • Home Insurance$150
  • FHA MIP$89
Amortization · Remaining Balance

Financed Loan Amount

$213,352

Total Interest

$264,567

Total of Payments

$477,919

*Includes financed FHA Upfront MIP of $3,669

Local Market Insights

Putnam County FHA Mortgage Overview

For Putnam County homebuyers, the 10.11% average down payment on an FHA loan provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—ideal for those with sub-620 credit. The 89.89% loan-to-value ratio confirms this is a low-equity, owner-occupied market. With a 0.64% effective property tax rate and a recent 1.3% inflation-adjusted increase, monthly affordability is modestly impacted. When evaluating an FHA loan with PMI and taxes in Putnam County, FL, or using an FHA loan down payment tool in Putnam County, Florida, remember MIP never drops off. These Putnam County FHA loan limits and tax factors shape true costs.

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.