Caddo County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Caddo County, OK Benchmarks

FHA averages

Typical Property Value$186,625

Average Down Payment11.4%

Average Interest Rate6.409%

Effective Tax Rate0.55%

Median Tax Paid$626/yr

Tax Growth (Historical)-3.2%

Based on 80 regional loans totaling $12,950,000 (HMDA database).

Home Price

Down Payment

$21,275 down · $165,350 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

$86 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$70 / month

Estimated Monthly Payment

$1,359/mo

Principal & Interest$1,053
Property Tax$86
Home Insurance$150
FHA MIP$70

Amortization · Remaining Balance

Financed Loan Amount

$168,243

Total Interest

$211,007

Total of Payments

$379,251

*Includes financed FHA Upfront MIP of $2,894

Local Market Insights

Caddo County FHA Mortgage Overview

For Caddo County FHA buyers, the 11.36% down payment on the $186,625 average property value offers accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life due to the 88.64% LTV ratio. This data reflects 100% owner-occupied purchases, ideal for sub-620 credit. The effective 0.55% property tax rate, with a recent -3.2% inflation-adjusted decline, slightly lowers monthly costs, improving affordability when using a Caddo County FHA mortgage approach with property taxes. Local FHA loan limits remain favorable for this market.

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.