LaSalle Parish FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

LaSalle Parish, LA Benchmarks

FHA averages

Typical Property Value$216,042

Average Down Payment11.8%

Average Interest Rate6.399%

Effective Tax Rate0.28%

Median Tax Paid$532/yr

Tax Growth (Historical)-10.7%

Based on 48 regional loans totaling $8,940,000 (HMDA database).

Home Price

Down Payment

$25,493 down · $190,549 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

$50 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$81 / month

Estimated Monthly Payment

$1,494/mo

Principal & Interest$1,213
Property Tax$50
Home Insurance$150
FHA MIP$81

Amortization · Remaining Balance

Financed Loan Amount

$193,884

Total Interest

$242,708

Total of Payments

$436,591

*Includes financed FHA Upfront MIP of $3,335

Local Market Insights

LaSalle Parish FHA Mortgage Overview

For LaSalle Parish homebuyers using an FHA loan, the 11.76% down payment and 88.24% LTV ratio provide accessible entry, but mandatory MIP lasts for the loan’s life regardless of equity. The 0.28% property tax rate is remarkably low, and the recent -10.7% inflation-adjusted tax change further reduces monthly costs. With an average interest rate of 6.399% and property value of $216,041.67, true affordability is enhanced by these low taxes. This data reflects 100% primary occupancy, ideal for those exploring FHA loan down payment trends in LaSalle Parish, Louisiana.

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.