Stokes County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Stokes County, NC Benchmarks

FHA averages

Typical Property Value$280,759

Average Down Payment11.4%

Average Interest Rate6.236%

Effective Tax Rate0.59%

Median Tax Paid$1,179/yr

Tax Growth (Historical)-1.2%

Based on 316 regional loans totaling $75,660,000 (HMDA database).

Home Price

Down Payment

$32,007 down · $248,752 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

$138 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$105 / month

Estimated Monthly Payment

$1,950/mo

Principal & Interest$1,557
Property Tax$138
Home Insurance$150
FHA MIP$105

Amortization · Remaining Balance

Financed Loan Amount

$253,106

Total Interest

$307,331

Total of Payments

$560,437

*Includes financed FHA Upfront MIP of $4,353

Local Market Insights

Stokes County FHA Mortgage Overview

In Stokes County, the 11.38% weighted average down payment on an FHA loan provides accessible entry, but the 88.62% Loan-to-Value ratio confirms mandatory Mortgage Insurance Premiums (MIP) for the loan's life, ideal for buyers with sub-620 credit. With a property tax rate of 0.59% and a recent -1.2% inflation-adjusted tax shift, true monthly affordability improves slightly. For a detailed Stokes County FHA loan with PMI and taxes analysis, or to explore Stokes County FHA loan limits and property tax impacts, this data reflects 100% primary residence purchases.

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.