Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Texas>Ector County (FHA)

Ector County FHA Loan Calculator

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

Loan Details

Ector County, TX Benchmarks

FHA averages
Typical Property Value$285,225
Average Down Payment3.3%
Average Interest Rate6.224%
Effective Tax Rate1.27%
Median Tax Paid$2,538/yr
Tax Growth (Historical)+1.0%
Based on 1,470 regional loans totaling $406,670,000 (HMDA database).
$
%

$9,412 down · $275,813 financed

FHA loans require a minimum of 3.5% down payment (or matching dollar amount).

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$302 / month

$

Annual premium

$

Per month

%

$129 / month

Estimated Monthly Payment

$2,303/mo

  • Principal & Interest$1,722
  • Property Tax$302
  • Home Insurance$150
  • FHA MIP$129
Amortization · Remaining Balance

Financed Loan Amount

$280,639

Total Interest

$339,451

Total of Payments

$620,090

*Includes financed FHA Upfront MIP of $4,827

Local Market Insights

Ector County FHA Mortgage Overview

For Ector County homebuyers utilizing an FHA loan, the 3.27% weighted average down payment provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—a critical factor when using an FHA loan down payment tool in Ector County, Texas. With a 96.73% loan-to-value ratio and 100% primary occupancy, this data reflects standard owner-occupied purchases, not investments. The 1.27% effective property tax rate, adjusted upward by 1.0% for inflation, directly impacts monthly affordability; an Ector County FHA mortgage analysis with property taxes must account for this fixed MIP burden. Given the average interest rate of 6.224%, prospective buyers should evaluate local FHA loan limits and tax implications carefully to ensure sustainable payments.

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.