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Young County FHA Loan Calculator

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

Loan Details

Young County, TX Benchmarks

FHA averages
Typical Property Value$201,471
Average Down Payment4.8%
Average Interest Rate6.542%
Effective Tax Rate1.18%
Median Tax Paid$1,957/yr
Tax Growth (Historical)-5.4%
Based on 34 regional loans totaling $6,510,000 (HMDA database).
$
%

$9,671 down · $191,800 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$198 / month

$

Annual premium

$

Per month

%

$89 / month

Estimated Monthly Payment

$1,676/mo

  • Principal & Interest$1,239
  • Property Tax$198
  • Home Insurance$150
  • FHA MIP$89
Amortization · Remaining Balance

Financed Loan Amount

$195,157

Total Interest

$250,762

Total of Payments

$445,919

*Includes financed FHA Upfront MIP of $3,357

Local Market Insights

Young County FHA Mortgage Overview

For Young County homebuyers, the 4.77% weighted average down payment on an FHA loan provides accessible market entry, but note that mandatory Mortgage Insurance Premiums (MIP) are required for the loan's life due to the 95.23% median loan-to-value ratio. This data reflects 100% primary occupancy, not investment properties. The effective property tax rate of 1.18% on a $201,470 average property adds roughly $198 monthly, though the recent -5.4% inflation-adjusted tax shift offers slight relief. When evaluating an FHA loan with PMI and taxes in Young County, TX, consider that the lower down payment offsets the permanent MIP, making this ideal for buyers with sub-620 credit scores seeking owner-occupied financing.

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.