Cedar County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Cedar County, MO Benchmarks

FHA averages

Typical Property Value$192,273

Average Down Payment9.9%

Average Interest Rate6.449%

Effective Tax Rate0.59%

Median Tax Paid$1,044/yr

Tax Growth (Historical)+6.3%

Based on 44 regional loans totaling $7,040,000 (HMDA database).

Home Price

Down Payment

$19,035 down · $173,238 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

$95 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$73 / month

Estimated Monthly Payment

$1,426/mo

Principal & Interest$1,108
Property Tax$95
Home Insurance$150
FHA MIP$73

Amortization · Remaining Balance

Financed Loan Amount

$176,270

Total Interest

$222,738

Total of Payments

$399,007

*Includes financed FHA Upfront MIP of $3,032

Local Market Insights

Cedar County FHA Mortgage Overview

For Cedar County homebuyers, the 9.87% down payment on an FHA loan provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 90.13% loan-to-value ratio. With an average property value of $192,272.73 and a 6.449% interest rate, the 0.59% effective property tax rate offers relative stability, though the recent 6.3% inflation-adjusted tax increase will slightly raise monthly costs. This data reflects 100% owner-occupied purchases, making an FHA mortgage calculator with PMI and taxes essential for true affordability analysis.

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.