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Adams County FHA Loan Calculator

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

Loan Details

Adams County, IN Benchmarks

FHA averages
Typical Property Value$191,979
Average Down Payment12.6%
Average Interest Rate6.455%
Effective Tax Rate0.70%
Median Tax Paid$1,373/yr
Tax Growth (Historical)+2.8%
Based on 96 regional loans totaling $15,380,000 (HMDA database).
$
%

$24,189 down · $167,790 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$112 / month

$

Annual premium

$

Per month

%

$71 / month

Estimated Monthly Payment

$1,408/mo

  • Principal & Interest$1,075
  • Property Tax$112
  • Home Insurance$150
  • FHA MIP$71
Amortization · Remaining Balance

Financed Loan Amount

$170,726

Total Interest

$216,136

Total of Payments

$386,862

*Includes financed FHA Upfront MIP of $2,936

Local Market Insights

Adams County FHA Mortgage Overview

In Adams County, the 12.61% average down payment on an FHA loan provides accessible entry despite mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, ideal for buyers with sub-620 credit. The 87.39% loan-to-value ratio confirms minimal equity, while the 0.70% property tax rate, adjusted upward by 2.8% for inflation, modestly raises monthly affordability. For an FHA loan with PMI and taxes in Adams County, IN, this data clarifies true costs, while FHA loan limits and property tax estimates help budget 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.