Lycoming County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Lycoming County, PA Benchmarks

FHA averages

Typical Property Value$221,042

Average Down Payment10.9%

Average Interest Rate6.333%

Effective Tax Rate1.24%

Median Tax Paid$2,649/yr

Tax Growth (Historical)-2.9%

Based on 283 regional loans totaling $54,245,000 (HMDA database).

Home Price

Down Payment

$24,094 down · $196,948 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

$228 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$83 / month

Estimated Monthly Payment

$1,706/mo

Principal & Interest$1,244
Property Tax$228
Home Insurance$150
FHA MIP$83

Amortization · Remaining Balance

Financed Loan Amount

$200,395

Total Interest

$247,557

Total of Payments

$447,952

*Includes financed FHA Upfront MIP of $3,447

Local Market Insights

Lycoming County FHA Mortgage Overview

For Lycoming County homebuyers using an FHA loan, the 10.88% weighted average down payment and 89.12% LTV ratio reflect accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s entire life—ideal for those with sub-620 credit scores. The effective 1.24% property tax rate, combined with a -2.9% inflation-adjusted tax decrease, slightly eases monthly affordability. Given 100% primary occupancy, this market suits owner-occupants evaluating FHA loan limits and tax impacts in Lycoming County, PA. The 6.333% average interest rate further shapes true monthly costs for FHA financing with PMI and taxes.

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.