Pierce County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Pierce County, WA Benchmarks

FHA averages

Typical Property Value$541,197

Average Down Payment8.0%

Average Interest Rate6.219%

Effective Tax Rate0.85%

Median Tax Paid$4,770/yr

Tax Growth (Historical)+1.6%

Based on 3,513 regional loans totaling $1,683,925,000 (HMDA database).

Home Price

Down Payment

$43,296 down · $497,901 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

$383 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$211 / month

Estimated Monthly Payment

$3,854/mo

Principal & Interest$3,109
Property Tax$383
Home Insurance$150
FHA MIP$211

Amortization · Remaining Balance

Financed Loan Amount

$506,615

Total Interest

$612,782

Total of Payments

$1,119,396

*Includes financed FHA Upfront MIP of $8,713

Local Market Insights

Pierce County FHA Mortgage Overview

Pierce County homebuyers using FHA loans benefit from the accessible 8.01% down payment on an average $541,197 property, but must account for mandatory MIP for the loan’s life. The high 91.99% LTV ratio reflects this entry-level profile, ideal for those with sub-620 credit. With a 0.85% effective tax rate and a 1.6% inflation-adjusted increase, monthly affordability is impacted. When evaluating an FHA loan with PMI and taxes in Pierce County, WA, or exploring Pierce County FHA loan limits and property taxes, remember that this data represents 100% owner-occupied purchases, not investments.

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.