Tyler County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Tyler County, TX Benchmarks

FHA averages

Typical Property Value$217,642

Average Down Payment7.3%

Average Interest Rate6.413%

Effective Tax Rate0.97%

Median Tax Paid$1,404/yr

Tax Growth (Historical)-4.6%

Based on 53 regional loans totaling $10,275,000 (HMDA database).

Home Price

Down Payment

$15,888 down · $201,754 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

$176 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$86 / month

Estimated Monthly Payment

$1,697/mo

Principal & Interest$1,285
Property Tax$176
Home Insurance$150
FHA MIP$86

Amortization · Remaining Balance

Financed Loan Amount

$205,285

Total Interest

$257,464

Total of Payments

$462,749

*Includes financed FHA Upfront MIP of $3,531

Local Market Insights

Tyler County FHA Mortgage Overview

In Tyler County, the FHA loan data reveals an accessible entry point for owner-occupants, with a 7.33% average down payment and a 92.67% loan-to-value ratio. This low down payment enables buyers with sub-620 credit scores to purchase, but note that FHA mortgage insurance premiums (MIP) are required for the entire loan term. The effective property tax rate of 0.97% is moderate, and the recent -4.6% inflation-adjusted tax change slightly reduces monthly carrying costs. For a full picture of true affordability, consider both the FHA loan limits and property taxes when evaluating your monthly budget.

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.