Moore County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Moore County, TN Benchmarks

FHA averages

Typical Property Value$306,731

Average Down Payment11.6%

Average Interest Rate6.408%

Effective Tax Rate0.42%

Median Tax Paid$1,288/yr

Tax Growth (Historical)-0.2%

Based on 52 regional loans totaling $13,820,000 (HMDA database).

Home Price

Down Payment

$35,581 down · $271,150 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

$107 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$115 / month

Estimated Monthly Payment

$2,100/mo

Principal & Interest$1,728
Property Tax$107
Home Insurance$150
FHA MIP$115

Amortization · Remaining Balance

Financed Loan Amount

$275,895

Total Interest

$346,022

Total of Payments

$621,917

*Includes financed FHA Upfront MIP of $4,745

Local Market Insights

Moore County FHA Mortgage Overview

In Moore County, the 11.57% average down payment on an FHA loan provides accessible entry, but you must account for mandatory Mortgage Insurance Premiums (MIP) for the loan's life, regardless of equity. With a high 88.43% loan-to-value ratio, this is ideal for buyers with sub-620 credit seeking a primary residence. The 0.42% effective property tax rate, alongside a -0.2% inflation-adjusted decline, supports stable monthly affordability when evaluating an FHA loan with PMI and taxes in Moore County, TN. Understanding Moore County FHA loan limits and property taxes is critical for accurate budgeting.

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.