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Larue County FHA Loan Calculator

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

Loan Details

Larue County, KY Benchmarks

FHA averages
Typical Property Value$248,514
Average Down Payment9.5%
Average Interest Rate6.342%
Effective Tax Rate0.58%
Median Tax Paid$1,104/yr
Tax Growth (Historical)-4.2%
Based on 37 regional loans totaling $8,085,000 (HMDA database).
$
%

$23,609 down · $224,905 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$120 / month

$

Annual premium

$

Per month

%

$95 / month

Estimated Monthly Payment

$1,788/mo

  • Principal & Interest$1,422
  • Property Tax$120
  • Home Insurance$150
  • FHA MIP$95
Amortization · Remaining Balance

Financed Loan Amount

$228,841

Total Interest

$283,236

Total of Payments

$512,077

*Includes financed FHA Upfront MIP of $3,936

Local Market Insights

Larue County FHA Mortgage Overview

In Larue County, the typical FHA buyer puts down 9.52% on a $248,514 home, which is accessible but triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s entire life. With a 90.48% loan-to-value ratio and 100% owner-occupancy, this is a low-risk, high-accessibility market for those with sub-620 credit scores. The 0.58% effective property tax rate is moderate, and the recent -4.2% inflation-adjusted tax decrease slightly improves monthly affordability. When evaluating an FHA loan down payment in Larue County, Kentucky, remember MIP is permanent, not cancellable like private mortgage insurance. This data is ideal for understanding Larue County FHA loan limits and property tax impacts.

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.