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Kanawha County FHA Loan Calculator

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

Loan Details

Kanawha County, WV Benchmarks

FHA averages
Typical Property Value$178,482
Average Down Payment9.4%
Average Interest Rate6.493%
Effective Tax Rate0.63%
Median Tax Paid$964/yr
Tax Growth (Historical)+1.4%
Based on 649 regional loans totaling $101,835,000 (HMDA database).
$
%

$16,777 down · $161,705 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$94 / month

$

Annual premium

$

Per month

%

$69 / month

Estimated Monthly Payment

$1,351/mo

  • Principal & Interest$1,039
  • Property Tax$94
  • Home Insurance$150
  • FHA MIP$69
Amortization · Remaining Balance

Financed Loan Amount

$164,535

Total Interest

$209,465

Total of Payments

$374,000

*Includes financed FHA Upfront MIP of $2,830

Local Market Insights

Kanawha County FHA Mortgage Overview

For Kanawha County homebuyers, the 9.43% average down payment on an FHA loan provides accessible entry into a market with a $178,482 average property value. However, with a 90.57% loan-to-value ratio, mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan, regardless of this down payment, making it ideal for those with sub-620 credit scores. The effective property tax rate of 0.63% is modest, but the 1.4% inflation-adjusted tax change will increase monthly costs. When evaluating a Kanawha County FHA loan with PMI and taxes, buyers should factor in this permanent MIP against the low barrier to entry for primary residences.

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.