Sutton County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sutton County, TX Benchmarks

FHA averages

Typical Property Value$152,500

Average Down Payment1.5%

Average Interest Rate7.000%

Effective Tax Rate1.59%

Median Tax Paid$1,907/yr

Tax Growth (Historical)-4.5%

Based on 4 regional loans totaling $600,000 (HMDA database).

Home Price

Down Payment

$2,288 down · $150,213 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

$202 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$70 / month

Estimated Monthly Payment

$1,439/mo

Principal & Interest$1,017
Property Tax$202
Home Insurance$150
FHA MIP$70

Amortization · Remaining Balance

Financed Loan Amount

$152,841

Total Interest

$213,227

Total of Payments

$366,068

*Includes financed FHA Upfront MIP of $2,629

Local Market Insights

Sutton County FHA Mortgage Overview

In Sutton County, the 1.51% weighted average down payment on an FHA loan underscores exceptional affordability, requiring just over $2,300 on a $152,500 property. This low entry point, however, mandates lifetime Mortgage Insurance Premiums (MIP) due to the 98.49% Loan-to-Value ratio, a critical factor for those using an FHA loan down payment tool. The effective 1.59% property tax rate adds roughly $202 monthly, but the recent -4.5% inflation-adjusted tax change offers slight relief. For homebuyers analyzing Sutton County FHA mortgage costs with property taxes, this market favors primary residence buyers with sub-620 credit seeking accessible ownership.

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.