Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Virginia>Orange County (FHA)

Orange County FHA Loan Calculator

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

Loan Details

Orange County, VA Benchmarks

FHA averages
Typical Property Value$385,390
Average Down Payment8.3%
Average Interest Rate6.139%
Effective Tax Rate0.59%
Median Tax Paid$1,997/yr
Tax Growth (Historical)-5.4%
Based on 334 regional loans totaling $116,560,000 (HMDA database).
$
%

$31,987 down · $353,403 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$189 / month

$

Annual premium

$

Per month

%

$150 / month

Estimated Monthly Payment

$2,678/mo

  • Principal & Interest$2,188
  • Property Tax$189
  • Home Insurance$150
  • FHA MIP$150
Amortization · Remaining Balance

Financed Loan Amount

$359,587

Total Interest

$428,229

Total of Payments

$787,816

*Includes financed FHA Upfront MIP of $6,185

Local Market Insights

Orange County FHA Mortgage Overview

For Orange County homebuyers, the 8.31% average down payment on an FHA loan provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan, regardless of this equity level. The 91.69% Loan-to-Value ratio confirms a low-risk, owner-occupied market. With a 0.59% effective property tax rate and a recent -5.4% inflation-adjusted tax decrease, true monthly affordability is improved. When evaluating an FHA loan with PMI and taxes in Orange County, VA, these factors directly shape your financial picture. Understanding FHA loan limits and property taxes is essential for planning your purchase.

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.