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Clermont County FHA Loan Calculator

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

Loan Details

Clermont County, OH Benchmarks

FHA averages
Typical Property Value$304,313
Average Down Payment10.8%
Average Interest Rate6.261%
Effective Tax Rate1.26%
Median Tax Paid$3,333/yr
Tax Growth (Historical)+2.9%
Based on 1,024 regional loans totaling $270,580,000 (HMDA database).
$
%

$32,866 down · $271,447 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$320 / month

$

Annual premium

$

Per month

%

$115 / month

Estimated Monthly Payment

$2,287/mo

  • Principal & Interest$1,702
  • Property Tax$320
  • Home Insurance$150
  • FHA MIP$115
Amortization · Remaining Balance

Financed Loan Amount

$276,198

Total Interest

$336,664

Total of Payments

$612,861

*Includes financed FHA Upfront MIP of $4,750

Local Market Insights

Clermont County FHA Mortgage Overview

Clermont County FHA buyers benefit from the accessible 10.75% down payment on a $304,313 average property, enabling entry with lower credit scores. However, the 89.25% loan-to-value ratio confirms mandatory Mortgage Insurance Premiums for the loan's life. The effective 1.26% property tax rate, adjusted upward by 2.9% for inflation, adds roughly $320 monthly to true affordability. This data, reflecting 100% primary residences, shows FHA loans with PMI and taxes in Clermont County, OH, suit buyers prioritizing low upfront costs over long-term MIP obligations.

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.