Pitt County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Pitt County, NC Benchmarks

FHA averages

Typical Property Value$279,925

Average Down Payment9.5%

Average Interest Rate6.124%

Effective Tax Rate0.81%

Median Tax Paid$1,734/yr

Tax Growth (Historical)+2.0%

Based on 733 regional loans totaling $181,795,000 (HMDA database).

Home Price

Down Payment

$26,593 down · $253,332 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

$189 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$107 / month

Estimated Monthly Payment

$2,012/mo

Principal & Interest$1,565
Property Tax$189
Home Insurance$150
FHA MIP$107

Amortization · Remaining Balance

Financed Loan Amount

$257,765

Total Interest

$305,770

Total of Payments

$563,536

*Includes financed FHA Upfront MIP of $4,433

Local Market Insights

Pitt County FHA Mortgage Overview

In Pitt County, the 9.48% average down payment on an FHA loan provides accessible entry for owner-occupants, but the mandatory Mortgage Insurance Premium (MIP) applies for the loan’s life due to the 90.52% LTV ratio. This market suits buyers with sub-620 credit scores seeking a primary residence. The effective property tax rate of 0.81%, with a 2.0% inflation-adjusted tax shift, adds modest monthly cost. For a complete picture of FHA loan down payment in Pitt County, North Carolina, including PMI and taxes, consider Pitt County FHA loan limits and property tax data to gauge true affordability.

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.