Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Iowa>Muscatine County (FHA)

Muscatine County FHA Loan Calculator

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

Loan Details

Muscatine County, IA Benchmarks

FHA averages
Typical Property Value$198,571
Average Down Payment9.5%
Average Interest Rate6.492%
Effective Tax Rate1.32%
Median Tax Paid$2,732/yr
Tax Growth (Historical)-0.6%
Based on 112 regional loans totaling $19,740,000 (HMDA database).
$
%

$18,864 down · $179,707 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$218 / month

$

Annual premium

$

Per month

%

$76 / month

Estimated Monthly Payment

$1,599/mo

  • Principal & Interest$1,155
  • Property Tax$218
  • Home Insurance$150
  • FHA MIP$76
Amortization · Remaining Balance

Financed Loan Amount

$182,852

Total Interest

$232,784

Total of Payments

$415,636

*Includes financed FHA Upfront MIP of $3,145

Local Market Insights

Muscatine County FHA Mortgage Overview

In Muscatine County, the typical FHA homebuyer secures a property valued at $198,571 with a 9.48% down payment and a 90.52% loan-to-value ratio. This low entry point is accessible but mandates Mortgage Insurance Premiums (MIP) for the loan's life, a key factor when evaluating an FHA loan with PMI and taxes in Muscatine County, IA. The effective property tax rate of 1.32%, coupled with a -0.6% inflation-adjusted decrease, offers modest monthly relief. However, the 6.492% interest rate means true affordability hinges on factoring in both the permanent MIP and these taxes, critical for any Muscatine County FHA mortgage analysis.

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.