Trumbull County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Trumbull County, OH Benchmarks

FHA averages

Typical Property Value$193,257

Average Down Payment11.0%

Average Interest Rate6.594%

Effective Tax Rate1.32%

Median Tax Paid$1,856/yr

Tax Growth (Historical)-0.3%

Based on 901 regional loans totaling $148,975,000 (HMDA database).

Home Price

Down Payment

$21,258 down · $171,999 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

$213 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$73 / month

Estimated Monthly Payment

$1,552/mo

Principal & Interest$1,117
Property Tax$213
Home Insurance$150
FHA MIP$73

Amortization · Remaining Balance

Financed Loan Amount

$175,009

Total Interest

$226,950

Total of Payments

$401,959

*Includes financed FHA Upfront MIP of $3,010

Local Market Insights

Trumbull County FHA Mortgage Overview

In Trumbull County, the 10.99% average down payment for FHA loans reflects accessible entry for owner-occupants, though the 89.01% LTV means mandatory Mortgage Insurance Premiums (MIP) persist for the loan’s life—ideal for buyers with sub-620 credit. The 1.32% property tax rate, with a -0.3% inflation-adjusted decline, slightly eases monthly affordability. For accurate Trumbull County FHA mortgage planning with property taxes and PMI, this data confirms a stable, primary-residence market where lower upfront costs offset long-term MIP.

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.