Ulster County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Ulster County, NY Benchmarks

FHA averages

Typical Property Value$379,558

Average Down Payment15.5%

Average Interest Rate6.435%

Effective Tax Rate1.62%

Median Tax Paid$6,238/yr

Tax Growth (Historical)-1.2%

Based on 216 regional loans totaling $67,110,000 (HMDA database).

Home Price

Down Payment

$58,831 down · $320,727 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

$512 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$136 / month

Estimated Monthly Payment

$2,846/mo

Principal & Interest$2,048
Property Tax$512
Home Insurance$150
FHA MIP$136

Amortization · Remaining Balance

Financed Loan Amount

$326,339

Total Interest

$410,828

Total of Payments

$737,167

*Includes financed FHA Upfront MIP of $5,613

Local Market Insights

Ulster County FHA Mortgage Overview

For Ulster County homebuyers utilizing an FHA loan, the 15.50% down payment on a $379,558 property provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) is required for the life of the loan due to the 84.50% LTV ratio. This is ideal for those with sub-620 credit scores, as this data reflects 100% owner-occupied purchases. The effective property tax rate of 1.62% and the recent -1.2% inflation-adjusted tax shift slightly reduce monthly obligations. When evaluating an FHA loan down payment with PMI and taxes in Ulster County, NY, or assessing Ulster County FHA loan limits, remember that MIP remains permanent, making the Ulster County FHA mortgage with property taxes a long-term cost consideration.

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.