Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Kansas>Cherokee County (FHA)

Cherokee County FHA Loan Calculator

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

Loan Details

Cherokee County, KS Benchmarks

FHA averages
Typical Property Value$165,000
Average Down Payment10.7%
Average Interest Rate6.568%
Effective Tax Rate1.06%
Median Tax Paid$1,219/yr
Tax Growth (Historical)-3.0%
Based on 90 regional loans totaling $12,840,000 (HMDA database).
$
%

$17,655 down · $147,345 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$146 / month

$

Annual premium

$

Per month

%

$62 / month

Estimated Monthly Payment

$1,313/mo

  • Principal & Interest$955
  • Property Tax$146
  • Home Insurance$150
  • FHA MIP$62
Amortization · Remaining Balance

Financed Loan Amount

$149,924

Total Interest

$193,708

Total of Payments

$343,631

*Includes financed FHA Upfront MIP of $2,579

Local Market Insights

Cherokee County FHA Mortgage Overview

For Cherokee County homebuyers, the 10.65% average down payment on a $165,000 property offers accessible entry via FHA financing, though mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life due to the 89.35% LTV ratio. With an effective property tax rate of 1.06% and a recent -3.0% inflation-adjusted tax decline, monthly affordability improves slightly. This data reflects 100% owner-occupied purchases, making an FHA loan with PMI and taxes in Cherokee County, KS ideal for those with sub-620 credit seeking lower upfront costs. Understanding Cherokee County FHA loan limits and property taxes helps buyers budget for long-term MIP obligations.

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.