Middlesex County FHA Loan Calculator

In Middlesex County, the FHA loan market shows a weighted average down payment of 14.42%, which is well above the standard 3.5% minimum. This suggests buyers are voluntarily lowering their loan-to-value ratio to reduce monthly costs, yet the 85.58% LTV means mandatory Mortgage Insurance Premiums (MIP) remain for the life of the loan—ideal for those with sub-620 credit seeking accessible entry. The effective property tax rate of 1.01%, coupled with a 0.5% inflation-adjusted increase, adds roughly $335 annually to a $669,074 property. When evaluating an FHA loan with PMI and taxes in Middlesex County, MA, these factors directly impact true monthly affordability for owner-occupied homes.