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Taylor County FHA Loan Calculator

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

Loan Details

Taylor County, TX Benchmarks

FHA averages
Typical Property Value$242,108
Average Down Payment4.4%
Average Interest Rate6.339%
Effective Tax Rate1.25%
Median Tax Paid$2,728/yr
Tax Growth (Historical)-0.9%
Based on 665 regional loans totaling $154,095,000 (HMDA database).
$
%

$10,653 down · $231,455 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$252 / month

$

Annual premium

$

Per month

%

$108 / month

Estimated Monthly Payment

$1,974/mo

  • Principal & Interest$1,464
  • Property Tax$252
  • Home Insurance$150
  • FHA MIP$108
Amortization · Remaining Balance

Financed Loan Amount

$235,506

Total Interest

$291,485

Total of Payments

$526,990

*Includes financed FHA Upfront MIP of $4,050

Local Market Insights

Taylor County FHA Mortgage Overview

In Taylor County, the 4.36% average down payment for FHA loans provides accessible entry, though mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life due to the 95.64% loan-to-value ratio. This data reflects 100% owner-occupied purchases, not investments. The 6.339% average interest rate paired with a 1.25% effective property tax rate creates a specific monthly cost. The recent -0.9% inflation-adjusted tax shift slightly eases affordability. Buyers using an FHA loan calculator with PMI and taxes in Taylor County, TX must account for these permanent MIP costs when assessing Taylor County FHA loan limits and tax impacts. A Taylor County FHA mortgage calculator with property taxes should factor this 4.36% down payment strategy for sub-620 credit score buyers.

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.