Houston County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Houston County, GA Benchmarks

FHA averages

Typical Property Value$270,005

Average Down Payment8.0%

Average Interest Rate6.203%

Effective Tax Rate0.83%

Median Tax Paid$1,835/yr

Tax Growth (Historical)+1.2%

Based on 1,059 regional loans totaling $259,305,000 (HMDA database).

Home Price

Down Payment

$21,600 down · $248,405 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

$187 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$105 / month

Estimated Monthly Payment

$1,990/mo

Principal & Interest$1,548
Property Tax$187
Home Insurance$150
FHA MIP$105

Amortization · Remaining Balance

Financed Loan Amount

$252,752

Total Interest

$304,538

Total of Payments

$557,289

*Includes financed FHA Upfront MIP of $4,347

Local Market Insights

Houston County FHA Mortgage Overview

For Houston County homebuyers, the 8.00% down payment on an FHA loan provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 92.00% Loan-to-Value ratio—ideal for those with sub-620 credit. With an average property value of $270,004.72 and a 6.203% rate, the effective property tax rate of 0.83% and a 1.2% inflation-adjusted tax shift will modestly increase monthly costs. This data reflects 100% primary residences, so an FHA loan calculator with PMI and taxes in Houston County, GA must account for this permanent MIP burden.

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.