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Bastrop County FHA Loan Calculator

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

Loan Details

Bastrop County, TX Benchmarks

FHA averages
Typical Property Value$342,681
Average Down Payment4.4%
Average Interest Rate5.611%
Effective Tax Rate1.17%
Median Tax Paid$4,453/yr
Tax Growth (Historical)+6.0%
Based on 621 regional loans totaling $204,435,000 (HMDA database).
$
%

$15,078 down · $327,603 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$334 / month

$

Annual premium

$

Per month

%

$153 / month

Estimated Monthly Payment

$2,553/mo

  • Principal & Interest$1,916
  • Property Tax$334
  • Home Insurance$150
  • FHA MIP$153
Amortization · Remaining Balance

Financed Loan Amount

$333,336

Total Interest

$356,321

Total of Payments

$689,657

*Includes financed FHA Upfront MIP of $5,733

Local Market Insights

Bastrop County FHA Mortgage Overview

For Bastrop County homebuyers, an FHA loan with a 4.42% down payment offers accessible entry, though mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life regardless of equity. With a 95.58% loan-to-value ratio, this structure suits owner-occupants, especially those with sub-620 credit scores. The 1.17% property tax rate, adjusted 6.0% for inflation, notably impacts monthly affordability. When evaluating an FHA loan with PMI and taxes in Bastrop County, TX, the low down payment eases upfront costs, but the effective tax rate and lifetime MIP demand careful budgeting for true long-term costs.

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.