Warren County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Warren County, IA Benchmarks

FHA averages

Typical Property Value$286,782

Average Down Payment10.3%

Average Interest Rate6.351%

Effective Tax Rate1.39%

Median Tax Paid$3,865/yr

Tax Growth (Historical)-1.3%

Based on 202 regional loans totaling $50,950,000 (HMDA database).

Home Price

Down Payment

$29,539 down · $257,243 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

$332 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$109 / month

Estimated Monthly Payment

$2,220/mo

Principal & Interest$1,629
Property Tax$332
Home Insurance$150
FHA MIP$109

Amortization · Remaining Balance

Financed Loan Amount

$261,745

Total Interest

$324,577

Total of Payments

$586,322

*Includes financed FHA Upfront MIP of $4,502

Local Market Insights

Warren County FHA Mortgage Overview

For Warren County homebuyers using an FHA loan, the 10.27% down payment on a $286,782 property offers accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life due to the 89.73% loan-to-value ratio. The 1.39% effective property tax rate, combined with a -1.3% inflation-adjusted tax decrease, slightly reduces monthly affordability. This FHA loan with PMI and taxes in Warren County, IA, is ideal for primary residences (100% occupancy), especially for those seeking a low-down-payment option. Understanding Warren County FHA loan limits and tax implications is crucial for accurate budgeting.

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.