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Clinton County FHA Loan Calculator

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

Loan Details

Clinton County, IA Benchmarks

FHA averages
Typical Property Value$175,914
Average Down Payment9.6%
Average Interest Rate6.568%
Effective Tax Rate1.34%
Median Tax Paid$2,461/yr
Tax Growth (Historical)+0.2%
Based on 186 regional loans totaling $29,110,000 (HMDA database).
$
%

$16,888 down · $159,026 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$196 / month

$

Annual premium

$

Per month

%

$67 / month

Estimated Monthly Payment

$1,444/mo

  • Principal & Interest$1,030
  • Property Tax$196
  • Home Insurance$150
  • FHA MIP$67
Amortization · Remaining Balance

Financed Loan Amount

$161,809

Total Interest

$209,064

Total of Payments

$370,874

*Includes financed FHA Upfront MIP of $2,783

Local Market Insights

Clinton County FHA Mortgage Overview

Clinton County’s FHA market shows accessible entry, with a 9.61% down payment on a $175,914 average property value. This low barrier requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, ideal for buyers with sub-620 credit. The 90.39% loan-to-value ratio confirms minimal equity from the start. The 1.34% effective property tax rate, paired with a 0.2% inflation-adjusted increase, adds roughly $23 monthly to affordability. When evaluating an FHA loan with PMI and taxes in Clinton County, IA, or reviewing Clinton County FHA loan limits and tax impacts, this data underscores that MIP persists regardless of equity, making it a stable, long-term cost for primary residences.

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.