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Towns County FHA Loan Calculator

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

Loan Details

Towns County, GA Benchmarks

FHA averages
Typical Property Value$336,750
Average Down Payment18.5%
Average Interest Rate6.413%
Effective Tax Rate0.35%
Median Tax Paid$1,084/yr
Tax Growth (Historical)-7.7%
Based on 40 regional loans totaling $10,410,000 (HMDA database).
$
%

$62,299 down · $274,451 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$98 / month

$

Annual premium

$

Per month

%

$116 / month

Estimated Monthly Payment

$2,113/mo

  • Principal & Interest$1,749
  • Property Tax$98
  • Home Insurance$150
  • FHA MIP$116
Amortization · Remaining Balance

Financed Loan Amount

$279,254

Total Interest

$350,235

Total of Payments

$629,489

*Includes financed FHA Upfront MIP of $4,803

Local Market Insights

Towns County FHA Mortgage Overview

For Towns County homebuyers, an FHA loan with an 18.50% down payment on a $336,750 property provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life regardless of equity, unlike conventional loans. The 81.50% loan-to-value ratio confirms a standard owner-occupied purchase. The effective property tax rate of 0.35% is low, and the recent -7.7% inflation-adjusted tax change further reduces monthly costs, improving true affordability. When using an FHA loan calculator with PMI and taxes in Towns County, GA, these tax savings partially offset the 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.