Dallas County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Dallas County, MO Benchmarks

FHA averages

Typical Property Value$228,194

Average Down Payment14.5%

Average Interest Rate6.346%

Effective Tax Rate0.42%

Median Tax Paid$756/yr

Tax Growth (Historical)+1.0%

Based on 72 regional loans totaling $13,160,000 (HMDA database).

Home Price

Down Payment

$33,088 down · $195,106 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

$80 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$83 / month

Estimated Monthly Payment

$1,548/mo

Principal & Interest$1,235
Property Tax$80
Home Insurance$150
FHA MIP$83

Amortization · Remaining Balance

Financed Loan Amount

$198,520

Total Interest

$246,175

Total of Payments

$444,695

*Includes financed FHA Upfront MIP of $3,414

Local Market Insights

Dallas County FHA Mortgage Overview

In Dallas County, Missouri, the 14.50% average down payment on FHA loans offers accessible entry, but since your loan-to-value ratio is 85.50%, mandatory Mortgage Insurance Premiums (MIP) remain for the loan’s life—ideal for buyers with sub-620 credit. With an average property value of $228,194.44 and a 6.346% rate, the low 0.42% effective property tax rate (adjusted 1.0% for inflation) keeps monthly costs manageable. For an FHA loan down payment scenario in Dallas County, MO, factor in permanent MIP alongside property taxes when evaluating true affordability, as all data reflects owner-occupied purchases.

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.