Camden County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Camden County, NC Benchmarks

FHA averages

Typical Property Value$387,750

Average Down Payment9.2%

Average Interest Rate6.209%

Effective Tax Rate0.51%

Median Tax Paid$1,952/yr

Tax Growth (Historical)+6.1%

Based on 80 regional loans totaling $27,190,000 (HMDA database).

Home Price

Down Payment

$35,673 down · $352,077 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

$165 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$149 / month

Estimated Monthly Payment

$2,660/mo

Principal & Interest$2,196
Property Tax$165
Home Insurance$150
FHA MIP$149

Amortization · Remaining Balance

Financed Loan Amount

$358,238

Total Interest

$432,474

Total of Payments

$790,713

*Includes financed FHA Upfront MIP of $6,161

Local Market Insights

Camden County FHA Mortgage Overview

In Camden County, the 9.19% down payment on an FHA loan provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) is required for the life of the loan, even at this down level. The 90.81% loan-to-value ratio confirms this is a low-equity entry, ideal for buyers with sub-620 credit. With a 0.51% effective property tax rate and a recent 6.1% inflation-adjusted tax shift, monthly affordability is squeezed. For a comprehensive view of an FHA loan with PMI and taxes in Camden County, NC, or to explore FHA loan limits, this data reflects standard 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.