Lyon County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Lyon County, KS Benchmarks

FHA averages

Typical Property Value$181,667

Average Down Payment9.9%

Average Interest Rate6.354%

Effective Tax Rate1.36%

Median Tax Paid$2,341/yr

Tax Growth (Historical)0.0%

Based on 78 regional loans totaling $12,660,000 (HMDA database).

Home Price

Down Payment

$17,985 down · $163,682 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

$206 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$69 / month

Estimated Monthly Payment

$1,462/mo

Principal & Interest$1,036
Property Tax$206
Home Insurance$150
FHA MIP$69

Amortization · Remaining Balance

Financed Loan Amount

$166,546

Total Interest

$206,526

Total of Payments

$373,072

*Includes financed FHA Upfront MIP of $2,864

Local Market Insights

Lyon County FHA Mortgage Overview

In Lyon County, the typical FHA buyer puts down 9.92% on an average home value of $181,667, keeping the loan-to-value ratio at 90.08%. This lower down payment provides accessible entry, but remember that FHA mortgage insurance (MIP) is required for the life of the loan, unlike conventional options where you might eventually cancel PMI. With an effective property tax rate of 1.36% and a 0.0% inflation-adjusted tax change, monthly affordability remains stable. For those exploring FHA loan limits and tax impacts, this data reflects standard owner-occupied purchases, ideal for buyers seeking a manageable entry point into the Lyon County market.

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.