Macon County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Macon County, MO Benchmarks

FHA averages

Typical Property Value$182,179

Average Down Payment11.9%

Average Interest Rate6.392%

Effective Tax Rate0.65%

Median Tax Paid$1,035/yr

Tax Growth (Historical)-4.3%

Based on 39 regional loans totaling $5,995,000 (HMDA database).

Home Price

Down Payment

$21,679 down · $160,500 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

$99 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$68 / month

Estimated Monthly Payment

$1,337/mo

Principal & Interest$1,020
Property Tax$99
Home Insurance$150
FHA MIP$68

Amortization · Remaining Balance

Financed Loan Amount

$163,308

Total Interest

$204,048

Total of Payments

$367,357

*Includes financed FHA Upfront MIP of $2,809

Local Market Insights

Macon County FHA Mortgage Overview

For Macon County homebuyers, an 11.93% down payment on an FHA loan provides accessible entry, but note that MIP is required for the loan’s life regardless of equity. With an 88.07% LTV and 100% owner-occupancy, this market favors buyers with sub-620 credit. The effective property tax rate of 0.65%, combined with a -4.3% inflation-adjusted tax shift, slightly lowers monthly costs. When evaluating FHA loan down payment options in Macon County, Missouri, or considering FHA loan limits and property taxes, this tax relief improves true affordability despite the 6.392% rate.

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.