Roberts County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Roberts County, TX Benchmarks

FHA averages

Typical Property Value$130,000

Average Down Payment0.4%

Average Interest Rate6.500%

Effective Tax Rate0.93%

Median Tax Paid$1,786/yr

Tax Growth (Historical)-2.4%

Based on 4 regional loans totaling $520,000 (HMDA database).

Home Price

Down Payment

$520 down · $129,480 financed

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

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

$101 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$60 / month

Estimated Monthly Payment

$1,144/mo

Principal & Interest$833
Property Tax$101
Home Insurance$150
FHA MIP$60

Amortization · Remaining Balance

Financed Loan Amount

$131,746

Total Interest

$168,035

Total of Payments

$299,781

*Includes financed FHA Upfront MIP of $2,266

Local Market Insights

Roberts County FHA Mortgage Overview

In Roberts County, the 0.38% weighted average down payment on an FHA loan highlights extremely accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan's life. With a 99.62% LTV ratio, this is ideal for buyers with sub-620 credit scores seeking primary residences. The effective property tax rate of 0.93% on a $130,000 property is manageable, and the recent -2.4% inflation-adjusted tax change slightly lowers monthly affordability. When evaluating an FHA loan with PMI and taxes in Roberts County, TX, or exploring Roberts County FHA loan limits, these low down payments and tax shifts make homeownership feasible 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.