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Montgomery County FHA Loan Calculator

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

Loan Details

Montgomery County, KS Benchmarks

FHA averages
Typical Property Value$152,895
Average Down Payment12.2%
Average Interest Rate6.533%
Effective Tax Rate1.56%
Median Tax Paid$1,754/yr
Tax Growth (Historical)+8.9%
Based on 95 regional loans totaling $12,335,000 (HMDA database).
$
%

$18,653 down · $134,242 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$199 / month

$

Annual premium

$

Per month

%

$57 / month

Estimated Monthly Payment

$1,272/mo

  • Principal & Interest$866
  • Property Tax$199
  • Home Insurance$150
  • FHA MIP$57
Amortization · Remaining Balance

Financed Loan Amount

$136,591

Total Interest

$175,185

Total of Payments

$311,776

*Includes financed FHA Upfront MIP of $2,349

Local Market Insights

Montgomery County FHA Mortgage Overview

For Montgomery County homebuyers using FHA financing, the 12.20% average down payment provides accessible entry, yet it triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, regardless of equity built. With an 87.80% LTV ratio and 100% owner-occupancy, this data reflects standard homebuyers, not investors. The 1.56% effective property tax rate, combined with an 8.9% inflation-adjusted increase, significantly impacts true monthly affordability. When evaluating an FHA loan with PMI and taxes in Montgomery County, KS, remember that the 6.533% average rate and median property value of ~$153k require careful budgeting for these ongoing costs.

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.