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Orange County FHA Loan Calculator

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

Loan Details

Orange County, IN Benchmarks

FHA averages
Typical Property Value$197,128
Average Down Payment13.2%
Average Interest Rate6.504%
Effective Tax Rate0.73%
Median Tax Paid$917/yr
Tax Growth (Historical)+6.9%
Based on 94 regional loans totaling $15,410,000 (HMDA database).
$
%

$26,021 down · $171,107 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$120 / month

$

Annual premium

$

Per month

%

$73 / month

Estimated Monthly Payment

$1,443/mo

  • Principal & Interest$1,100
  • Property Tax$120
  • Home Insurance$150
  • FHA MIP$73
Amortization · Remaining Balance

Financed Loan Amount

$174,101

Total Interest

$222,057

Total of Payments

$396,158

*Includes financed FHA Upfront MIP of $2,994

Local Market Insights

Orange County FHA Mortgage Overview

For Orange County homebuyers leveraging an FHA loan, the 13.19% down payment provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life regardless of this equity level. The 86.81% loan-to-value ratio confirms this, making the FHA ideal for those with sub-620 credit scores seeking owner-occupied homes. With a $197,128 average property value and a 6.504% rate, your true monthly affordability must account for the 0.73% effective property tax rate, which has risen 6.9% after inflation. Using an FHA mortgage tool with property taxes or an FHA loan limits and tax analysis reveals this tax shift directly impacts your payment.

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.