Jefferson County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Jefferson County, WV Benchmarks

FHA averages

Typical Property Value$382,166

Average Down Payment8.4%

Average Interest Rate6.186%

Effective Tax Rate0.52%

Median Tax Paid$1,857/yr

Tax Growth (Historical)+0.3%

Based on 554 regional loans totaling $192,880,000 (HMDA database).

Home Price

Down Payment

$32,102 down · $350,064 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

$166 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$148 / month

Estimated Monthly Payment

$2,643/mo

Principal & Interest$2,179
Property Tax$166
Home Insurance$150
FHA MIP$148

Amortization · Remaining Balance

Financed Loan Amount

$356,190

Total Interest

$428,337

Total of Payments

$784,528

*Includes financed FHA Upfront MIP of $6,126

Local Market Insights

Jefferson County FHA Mortgage Overview

Jefferson County’s FHA data reveals an accessible entry point for owner-occupants. The 8.42% down payment is well below the conventional 20% threshold, but this comes with mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—a critical consideration for buyers with sub-620 credit scores. At a 91.58% Loan-to-Value ratio, borrowers carry higher risk. The effective property tax rate of 0.52% and a 0.3% inflation-adjusted shift modestly increase monthly costs, so an FHA loan down payment analysis in Jefferson County must account for MIP and taxes to gauge true affordability.

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.