Guthrie County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Guthrie County, IA Benchmarks

FHA averages

Typical Property Value$233,049

Average Down Payment11.7%

Average Interest Rate6.434%

Effective Tax Rate1.16%

Median Tax Paid$2,199/yr

Tax Growth (Historical)-1.8%

Based on 41 regional loans totaling $8,215,000 (HMDA database).

Home Price

Down Payment

$27,267 down · $205,782 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

$225 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$87 / month

Estimated Monthly Payment

$1,776/mo

Principal & Interest$1,314
Property Tax$225
Home Insurance$150
FHA MIP$87

Amortization · Remaining Balance

Financed Loan Amount

$209,383

Total Interest

$263,592

Total of Payments

$472,976

*Includes financed FHA Upfront MIP of $3,601

Local Market Insights

Guthrie County FHA Mortgage Overview

Guthrie County FHA buyers leverage an 11.74% down payment, which is higher than the typical 3.5% minimum, reducing the loan amount but not the mandatory Mortgage Insurance Premium (MIP). With an 88.26% LTV and 100% owner-occupancy, MIP remains for the loan’s life—ideal for those with sub-620 credit. The 1.16% effective tax rate, adjusted down 1.8% for inflation, slightly eases monthly costs. When evaluating an FHA loan with PMI and taxes in Guthrie County, IA, this down payment and tax shift improve true affordability for primary residence buyers.

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.