Greene County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Greene County, IA Benchmarks

FHA averages

Typical Property Value$181,667

Average Down Payment8.3%

Average Interest Rate6.624%

Effective Tax Rate1.23%

Median Tax Paid$1,783/yr

Tax Growth (Historical)+2.8%

Based on 18 regional loans totaling $2,900,000 (HMDA database).

Home Price

Down Payment

$15,078 down · $166,589 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

$186 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$71 / month

Estimated Monthly Payment

$1,492/mo

Principal & Interest$1,085
Property Tax$186
Home Insurance$150
FHA MIP$71

Amortization · Remaining Balance

Financed Loan Amount

$169,504

Total Interest

$221,021

Total of Payments

$390,525

*Includes financed FHA Upfront MIP of $2,915

Local Market Insights

Greene County FHA Mortgage Overview

Greene County homebuyers using FHA financing benefit from the accessible 8.35% down payment, which is well below the standard 20% threshold. However, with a 91.65% loan-to-value ratio, the mandatory Mortgage Insurance Premium (MIP) remains for the loan’s lifetime—a key factor when using an FHA loan calculator with PMI and taxes in Greene County, IA. The effective property tax rate of 1.23%, combined with a 2.8% inflation-adjusted increase, adds roughly $60 monthly to true affordability. For those evaluating Greene County FHA loan limits and tax implications, this data reflects 100% owner-occupied purchases, making it ideal for buyers with sub-620 credit scores seeking an FHA loan down payment analysis in Greene County, Iowa.

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.