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, New Jersey based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Camden County, NJ Benchmarks

FHA averages

Typical Property Value$343,227

Average Down Payment13.2%

Average Interest Rate6.307%

Effective Tax Rate2.47%

Median Tax Paid$8,134/yr

Tax Growth (Historical)-2.1%

Based on 2,281 regional loans totaling $654,165,000 (HMDA database).

Home Price

Down Payment

$45,306 down · $297,921 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

$706 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$126 / month

Estimated Monthly Payment

$2,861/mo

Principal & Interest$1,878
Property Tax$706
Home Insurance$150
FHA MIP$126

Amortization · Remaining Balance

Financed Loan Amount

$303,135

Total Interest

$373,052

Total of Payments

$676,187

*Includes financed FHA Upfront MIP of $5,214

Local Market Insights

Camden County FHA Mortgage Overview

For Camden County homebuyers using an FHA loan, the 13.24% down payment provides accessible entry, but it requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan, regardless of the 86.76% Loan-to-Value (LTV) ratio. This is ideal for buyers with a sub-620 credit score seeking an FHA loan calculator with PMI and taxes in Camden County, NJ. The 2.47% effective property tax rate, combined with a -2.1% inflation-adjusted tax decrease, slightly eases monthly affordability. To evaluate true costs, consider an FHA loan down payment calculator in Camden County, New Jersey, or a Camden County FHA mortgage calculator with property taxes to account for the permanent MIP and tax burden. All data reflects owner-occupied 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.