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Falls County FHA Loan Calculator

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

Loan Details

Falls County, TX Benchmarks

FHA averages
Typical Property Value$263,710
Average Down Payment7.0%
Average Interest Rate6.452%
Effective Tax Rate0.97%
Median Tax Paid$1,522/yr
Tax Growth (Historical)+3.3%
Based on 31 regional loans totaling $7,505,000 (HMDA database).
$
%

$18,460 down · $245,250 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$213 / month

$

Annual premium

$

Per month

%

$104 / month

Estimated Monthly Payment

$2,036/mo

  • Principal & Interest$1,569
  • Property Tax$213
  • Home Insurance$150
  • FHA MIP$104
Amortization · Remaining Balance

Financed Loan Amount

$249,542

Total Interest

$315,327

Total of Payments

$564,869

*Includes financed FHA Upfront MIP of $4,292

Local Market Insights

Falls County FHA Mortgage Overview

For Falls County homebuyers, an FHA loan with a 7.02% down payment on a $263,710 property provides accessible entry, especially for those with sub-620 credit. However, the 92.98% LTV ratio means mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life, a key factor when using an FHA loan calculator with PMI and taxes in Falls County, TX. The 0.97% effective property tax rate, coupled with a 3.3% inflation-adjusted increase, directly impacts monthly affordability. All data reflects 100% primary residences, not investments, ensuring this analysis applies to standard homebuyers evaluating Falls County FHA mortgage calculator with property taxes scenarios.

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.