Austin County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Austin County, TX Benchmarks

FHA averages

Typical Property Value$338,636

Average Down Payment6.1%

Average Interest Rate6.022%

Effective Tax Rate1.00%

Median Tax Paid$3,433/yr

Tax Growth (Historical)-3.9%

Based on 110 regional loans totaling $34,660,000 (HMDA database).

Home Price

Down Payment

$20,657 down · $317,979 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

$282 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$135 / month

Estimated Monthly Payment

$2,511/mo

Principal & Interest$1,944
Property Tax$282
Home Insurance$150
FHA MIP$135

Amortization · Remaining Balance

Financed Loan Amount

$323,544

Total Interest

$376,286

Total of Payments

$699,830

*Includes financed FHA Upfront MIP of $5,565

Local Market Insights

Austin County FHA Mortgage Overview

In Austin County, the average FHA buyer leverages a 6.13% down payment on a $338,636 property, providing accessible entry despite a 93.87% LTV. However, this low equity triggers mandatory MIP for the loan’s life, ideal for those with sub-620 credit. The 1.00% effective tax rate, with a recent -3.9% inflation-adjusted reduction, slightly lowers monthly carrying costs. For buyers exploring an FHA loan down payment in Austin County, Texas, this data highlights affordability, though the FHA mortgage with property taxes requires factoring in permanent MIP. This reflects standard owner-occupied purchases, not investments.

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.