McCulloch County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

McCulloch County, TX Benchmarks

FHA averages

Typical Property Value$161,667

Average Down Payment7.5%

Average Interest Rate6.672%

Effective Tax Rate1.05%

Median Tax Paid$1,494/yr

Tax Growth (Historical)+1.0%

Based on 9 regional loans totaling $1,325,000 (HMDA database).

Home Price

Down Payment

$12,125 down · $149,542 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

$141 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$63 / month

Estimated Monthly Payment

$1,334/mo

Principal & Interest$979
Property Tax$141
Home Insurance$150
FHA MIP$63

Amortization · Remaining Balance

Financed Loan Amount

$152,159

Total Interest

$200,217

Total of Payments

$352,376

*Includes financed FHA Upfront MIP of $2,617

Local Market Insights

McCulloch County FHA Mortgage Overview

For McCulloch County homebuyers, the 7.47% weighted average down payment on FHA loans provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) applies for the loan's life due to the 92.53% LTV ratio. This data reflects 100% primary residences, not investments. The 1.05% effective property tax rate, with a 1.0% inflation-adjusted shift, adds roughly $1,700 annually to monthly costs. When evaluating an FHA loan in McCulloch County, TX, factoring in both MIP and property taxes is critical for true affordability, especially given county-specific loan limits.

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.