Nash County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Nash County, NC Benchmarks

FHA averages

Typical Property Value$290,685

Average Down Payment8.2%

Average Interest Rate5.831%

Effective Tax Rate0.66%

Median Tax Paid$1,362/yr

Tax Growth (Historical)+0.1%

Based on 744 regional loans totaling $196,050,000 (HMDA database).

Home Price

Down Payment

$23,836 down · $266,849 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

$160 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$113 / month

Estimated Monthly Payment

$2,021/mo

Principal & Interest$1,598
Property Tax$160
Home Insurance$150
FHA MIP$113

Amortization · Remaining Balance

Financed Loan Amount

$271,519

Total Interest

$303,882

Total of Payments

$575,401

*Includes financed FHA Upfront MIP of $4,670

Local Market Insights

Nash County FHA Mortgage Overview

In Nash County, the 8.20% weighted average down payment for FHA loans provides accessible entry, but this loan type mandates Mortgage Insurance Premiums (MIP) for the life of the loan, regardless of the 8.20% down payment. This is ideal for buyers with sub-620 credit scores, as the 91.80% median Loan-to-Value (LTV) ratio confirms minimal equity. All purchases are primary residences. The 0.66% effective property tax rate, with a 0.1% inflation-adjusted shift, slightly impacts monthly affordability. For a complete picture of your true monthly cost, explore an FHA loan calculator with PMI and taxes in Nash County, NC, or an FHA loan down payment calculator in Nash County, North Carolina, to account for these fixed costs.

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.