Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Ohio>Butler County (FHA)

Butler County FHA Loan Calculator

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

Loan Details

Butler County, OH Benchmarks

FHA averages
Typical Property Value$291,110
Average Down Payment11.9%
Average Interest Rate6.419%
Effective Tax Rate1.16%
Median Tax Paid$3,141/yr
Tax Growth (Historical)+1.2%
Based on 1,647 regional loans totaling $413,255,000 (HMDA database).
$
%

$34,642 down · $256,468 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$281 / month

$

Annual premium

$

Per month

%

$109 / month

Estimated Monthly Payment

$2,176/mo

  • Principal & Interest$1,636
  • Property Tax$281
  • Home Insurance$150
  • FHA MIP$109
Amortization · Remaining Balance

Financed Loan Amount

$260,956

Total Interest

$327,901

Total of Payments

$588,857

*Includes financed FHA Upfront MIP of $4,488

Local Market Insights

Butler County FHA Mortgage Overview

For Butler County homebuyers, the 11.91% weighted average down payment on an FHA loan provides accessible entry, but note that Mortgage Insurance Premiums (MIP) are required for the loan's life regardless of equity. With an 88.09% Loan-to-Value (LTV) ratio and 100% owner-occupied purchases, this data reflects standard buyers. The effective property tax rate of 1.16% and a 1.2% inflation-adjusted tax increase directly impact monthly affordability. When evaluating an FHA loan with PMI and taxes in Butler County, OH, the average property value of $291,109.76 and a 6.419% interest rate shape your true cost. Understanding these Butler County FHA loan limits and tax impacts is critical for budgeting.

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.