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Delaware County FHA Loan Calculator

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

Loan Details

Delaware County, IN Benchmarks

FHA averages
Typical Property Value$189,806
Average Down Payment10.6%
Average Interest Rate6.517%
Effective Tax Rate0.81%
Median Tax Paid$1,039/yr
Tax Growth (Historical)+1.1%
Based on 489 regional loans totaling $80,665,000 (HMDA database).
$
%

$20,119 down · $169,687 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$128 / month

$

Annual premium

$

Per month

%

$72 / month

Estimated Monthly Payment

$1,444/mo

  • Principal & Interest$1,094
  • Property Tax$128
  • Home Insurance$150
  • FHA MIP$72
Amortization · Remaining Balance

Financed Loan Amount

$172,656

Total Interest

$221,031

Total of Payments

$393,687

*Includes financed FHA Upfront MIP of $2,970

Local Market Insights

Delaware County FHA Mortgage Overview

For Delaware County homebuyers, the 10.57% average down payment on an FHA loan provides accessible entry, though mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life due to the 89.43% LTV ratio. This FHA loan down payment data in Delaware County, Indiana, reflects 100% owner-occupied purchases. The 0.81% effective property tax rate, with a 1.1% inflation-adjusted increase, adds $154 monthly to true affordability. When assessing Delaware County FHA loan limits and tax impacts, the 6.517% rate means the MIP is permanent, ideal for those with sub-620 credit seeking an FHA mortgage calculator with PMI and taxes in Delaware County.

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.