Door County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Door County, WI Benchmarks

FHA averages

Typical Property Value$345,357

Average Down Payment16.2%

Average Interest Rate6.238%

Effective Tax Rate0.97%

Median Tax Paid$3,486/yr

Tax Growth (Historical)+0.9%

Based on 28 regional loans totaling $7,800,000 (HMDA database).

Home Price

Down Payment

$55,948 down · $289,409 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

$279 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$123 / month

Estimated Monthly Payment

$2,363/mo

Principal & Interest$1,811
Property Tax$279
Home Insurance$150
FHA MIP$123

Amortization · Remaining Balance

Financed Loan Amount

$294,474

Total Interest

$357,562

Total of Payments

$652,036

*Includes financed FHA Upfront MIP of $5,065

Local Market Insights

Door County FHA Mortgage Overview

For Door County homebuyers using an FHA loan, the 16.17% average down payment provides accessible entry, yet the mandatory Mortgage Insurance Premium (MIP) applies for the entire loan term, regardless of equity. With an 83.83% loan-to-value ratio and 100% owner-occupancy, this data reflects standard buyers, not investors. The 0.97% effective property tax rate, plus a 0.9% inflation-adjusted increase, meaningfully impacts monthly affordability. When evaluating an FHA loan with PMI and taxes in Door County, WI, or checking Door County FHA loan limits, remember that the down payment structure and ongoing MIP require careful budgeting.

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.