Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Missouri>Monroe County (FHA)

Monroe County FHA Loan Calculator

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

Loan Details

Monroe County, MO Benchmarks

FHA averages
Typical Property Value$216,364
Average Down Payment9.1%
Average Interest Rate6.672%
Effective Tax Rate0.74%
Median Tax Paid$1,192/yr
Tax Growth (Historical)+6.5%
Based on 22 regional loans totaling $4,250,000 (HMDA database).
$
%

$19,689 down · $196,675 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$133 / month

$

Annual premium

$

Per month

%

$83 / month

Estimated Monthly Payment

$1,654/mo

  • Principal & Interest$1,287
  • Property Tax$133
  • Home Insurance$150
  • FHA MIP$83
Amortization · Remaining Balance

Financed Loan Amount

$200,117

Total Interest

$263,322

Total of Payments

$463,439

*Includes financed FHA Upfront MIP of $3,442

Local Market Insights

Monroe County FHA Mortgage Overview

For Monroe County homebuyers, the 9.09% average down payment on FHA loans provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the life of the loan, regardless of equity. With a 90.91% Loan-to-Value (LTV) ratio and 100% primary occupancy, this data reflects standard owner-occupied purchases, not investments. The 0.74% effective property tax rate, recently adjusted upward by 6.5% for inflation, directly impacts true monthly affordability. When evaluating an FHA loan with PMI and taxes in Monroe County, MO, or checking Monroe County FHA loan limits and tax implications, this tax shift adds a notable fixed cost to your monthly budget.

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.