Marion County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Marion County, SC Benchmarks

FHA averages

Typical Property Value$206,017

Average Down Payment9.4%

Average Interest Rate6.540%

Effective Tax Rate0.44%

Median Tax Paid$436/yr

Tax Growth (Historical)+6.5%

Based on 118 regional loans totaling $21,400,000 (HMDA database).

Home Price

Down Payment

$19,366 down · $186,651 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

$76 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$79 / month

Estimated Monthly Payment

$1,510/mo

Principal & Interest$1,205
Property Tax$76
Home Insurance$150
FHA MIP$79

Amortization · Remaining Balance

Financed Loan Amount

$189,918

Total Interest

$244,030

Total of Payments

$433,948

*Includes financed FHA Upfront MIP of $3,266

Local Market Insights

Marion County FHA Mortgage Overview

Marion County homebuyers using an FHA loan with a 9.43% down payment gain accessible entry to a $206,016 average property, but this triggers mandatory MIP for the loan's life—ideal if your credit is below 620. The 90.57% LTV confirms minimal equity, yet the low 0.44% tax rate offers relief. However, a 6.5% inflation-adjusted tax increase will raise monthly costs. For an accurate monthly picture, explore an FHA loan down payment analysis with PMI and taxes in Marion County, SC, or review Marion County FHA loan limits and property tax impacts.

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.