Kleberg County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Kleberg County, TX Benchmarks

FHA averages

Typical Property Value$253,679

Average Down Payment4.9%

Average Interest Rate6.500%

Effective Tax Rate1.44%

Median Tax Paid$2,369/yr

Tax Growth (Historical)-6.5%

Based on 53 regional loans totaling $12,835,000 (HMDA database).

Home Price

Down Payment

$12,430 down · $241,249 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

$304 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$113 / month

Estimated Monthly Payment

$2,118/mo

Principal & Interest$1,552
Property Tax$304
Home Insurance$150
FHA MIP$113

Amortization · Remaining Balance

Financed Loan Amount

$245,471

Total Interest

$313,084

Total of Payments

$558,555

*Includes financed FHA Upfront MIP of $4,222

Local Market Insights

Kleberg County FHA Mortgage Overview

For Kleberg County homebuyers, the 4.92% down payment on an FHA loan provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s lifetime—ideal for those with sub-620 credit. With a 95.08% median loan-to-value ratio and 100% primary occupancy, this market favors owner-occupants over investors. The 1.44% effective property tax rate, combined with a -6.5% inflation-adjusted tax change, slightly improves monthly affordability. When evaluating an FHA loan with PMI and taxes in Kleberg County, TX, or reviewing Kleberg County FHA loan limits and tax considerations, note that the 6.500% average interest rate on a $253,679 property keeps monthly costs manageable despite permanent MIP.

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.