Cloud County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Cloud County, KS Benchmarks

FHA averages

Typical Property Value$138,226

Average Down Payment16.2%

Average Interest Rate6.512%

Effective Tax Rate1.50%

Median Tax Paid$1,704/yr

Tax Growth (Historical)-4.0%

Based on 31 regional loans totaling $3,415,000 (HMDA database).

Home Price

Down Payment

$22,393 down · $115,833 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

$173 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$49 / month

Estimated Monthly Payment

$1,118/mo

Principal & Interest$746
Property Tax$173
Home Insurance$150
FHA MIP$49

Amortization · Remaining Balance

Financed Loan Amount

$117,860

Total Interest

$150,604

Total of Payments

$268,464

*Includes financed FHA Upfront MIP of $2,027

Local Market Insights

Cloud County FHA Mortgage Overview

For Cloud County homebuyers using an FHA loan, the 16.18% average down payment on a $138,226 property provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, regardless of this equity. With a median 83.82% loan-to-value ratio and 100% primary occupancy, this data reflects standard owner-occupied purchases. The effective 1.50% property tax rate, coupled with a recent -4.0% inflation-adjusted tax decrease, slightly improves true monthly affordability when using an FHA mortgage calculator with PMI and taxes in Cloud County, KS. However, the 6.512% interest rate and permanent MIP mean your total housing cost remains significant. For detailed projections, explore Cloud County FHA loan limits and tax tools.

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.