Greeley County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Greeley County, KS Benchmarks

FHA averages

Typical Property Value$129,000

Average Down Payment4.0%

Average Interest Rate7.058%

Effective Tax Rate1.79%

Median Tax Paid$2,178/yr

Tax Growth (Historical)+1.6%

Based on 5 regional loans totaling $625,000 (HMDA database).

Home Price

Down Payment

$5,160 down · $123,840 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

$192 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$58 / month

Estimated Monthly Payment

$1,244/mo

Principal & Interest$843
Property Tax$192
Home Insurance$150
FHA MIP$58

Amortization · Remaining Balance

Financed Loan Amount

$126,007

Total Interest

$177,621

Total of Payments

$303,629

*Includes financed FHA Upfront MIP of $2,167

Local Market Insights

Greeley County FHA Mortgage Overview

For Greeley County homebuyers, an FHA loan with a 4.04% down payment offers accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan's life—ideal for those with sub-620 credit. With a 95.96% Loan-to-Value ratio, this market favors lower upfront costs over long-term equity building. The 1.79% effective property tax rate, adjusted upward by 1.6% for inflation, adds a fixed monthly burden. Using an FHA loan calculator with PMI and taxes in Greeley County, KS, or an FHA loan down payment calculator in Greeley County, Kansas, reveals true affordability. The $129,000 average property value and 7.058% rate mean tax and MIP significantly impact monthly costs for these 100% owner-occupied purchases.

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.