Wright County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Wright County, MO Benchmarks

FHA averages

Typical Property Value$196,887

Average Down Payment13.8%

Average Interest Rate6.363%

Effective Tax Rate0.34%

Median Tax Paid$640/yr

Tax Growth (Historical)+6.3%

Based on 53 regional loans totaling $8,535,000 (HMDA database).

Home Price

Down Payment

$27,170 down · $169,717 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

$56 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$72 / month

Estimated Monthly Payment

$1,353/mo

Principal & Interest$1,076
Property Tax$56
Home Insurance$150
FHA MIP$72

Amortization · Remaining Balance

Financed Loan Amount

$172,687

Total Interest

$214,546

Total of Payments

$387,233

*Includes financed FHA Upfront MIP of $2,970

Local Market Insights

Wright County FHA Mortgage Overview

For Wright County homebuyers, the 13.79% average down payment with an FHA loan provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life, regardless of this equity level. The 86.21% loan-to-value ratio confirms a moderate risk profile, ideal for those with sub-620 credit scores. The effective property tax rate of 0.34% is low, yet the recent 6.3% inflation-adjusted tax increase will modestly raise monthly costs. When using an FHA loan calculator with PMI and taxes in Wright County, MO, factor in this permanent MIP. All data reflects owner-occupied primary residences, not investments.

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.