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Randolph County FHA Loan Calculator

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

Loan Details

Randolph County, GA Benchmarks

FHA averages
Typical Property Value$165,667
Average Down Payment11.7%
Average Interest Rate6.772%
Effective Tax Rate0.95%
Median Tax Paid$964/yr
Tax Growth (Historical)+16.9%
Based on 15 regional loans totaling $1,785,000 (HMDA database).
$
%

$19,383 down · $146,284 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$131 / month

$

Annual premium

$

Per month

%

$62 / month

Estimated Monthly Payment

$1,311/mo

  • Principal & Interest$967
  • Property Tax$131
  • Home Insurance$150
  • FHA MIP$62
Amortization · Remaining Balance

Financed Loan Amount

$148,844

Total Interest

$199,412

Total of Payments

$348,256

*Includes financed FHA Upfront MIP of $2,560

Local Market Insights

Randolph County FHA Mortgage Overview

For Randolph County homebuyers, an FHA loan is a strategic entry point given the 11.68% average down payment and 88.32% LTV ratio. While this lower down payment eases upfront costs, note that FHA's Mortgage Insurance Premium (MIP) is required for the loan's life, regardless of equity, making it ideal for those with sub-620 credit scores. The 0.95% property tax rate, combined with a 16.9% inflation-adjusted increase, elevates monthly costs. When evaluating an FHA loan with PMI and taxes in Randolph County, GA, the effective property tax rate significantly impacts true affordability. All data reflects 100% primary occupancy, not investment properties.

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.