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Medina County FHA Loan Calculator

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

Loan Details

Medina County, TX Benchmarks

FHA averages
Typical Property Value$324,516
Average Down Payment4.9%
Average Interest Rate5.584%
Effective Tax Rate1.23%
Median Tax Paid$3,165/yr
Tax Growth (Historical)+6.6%
Based on 310 regional loans totaling $95,600,000 (HMDA database).
$
%

$15,901 down · $308,615 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$333 / month

$

Annual premium

$

Per month

%

$144 / month

Estimated Monthly Payment

$2,425/mo

  • Principal & Interest$1,799
  • Property Tax$333
  • Home Insurance$150
  • FHA MIP$144
Amortization · Remaining Balance

Financed Loan Amount

$314,015

Total Interest

$333,530

Total of Payments

$647,546

*Includes financed FHA Upfront MIP of $5,401

Local Market Insights

Medina County FHA Mortgage Overview

For Medina County homebuyers, an FHA loan with a 4.87% down payment on a $324,516 property provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for those with sub-620 credit. The 95.13% loan-to-value ratio confirms minimal equity. The 1.23% effective property tax rate, adjusted 6.6% higher for inflation, significantly impacts monthly affordability. When evaluating an FHA loan with PMI and taxes in Medina County, TX, remember that the low down payment suits primary residences (100% occupancy), but the tax shift demands careful budgeting for true monthly 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.