Cross County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Cross County, AR Benchmarks

FHA averages

Typical Property Value$202,875

Average Down Payment10.6%

Average Interest Rate6.479%

Effective Tax Rate0.57%

Median Tax Paid$596/yr

Tax Growth (Historical)+0.7%

Based on 80 regional loans totaling $14,470,000 (HMDA database).

Home Price

Down Payment

$21,505 down · $181,370 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

$96 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$77 / month

Estimated Monthly Payment

$1,487/mo

Principal & Interest$1,164
Property Tax$96
Home Insurance$150
FHA MIP$77

Amortization · Remaining Balance

Financed Loan Amount

$184,544

Total Interest

$234,503

Total of Payments

$419,047

*Includes financed FHA Upfront MIP of $3,174

Local Market Insights

Cross County FHA Mortgage Overview

Cross County’s FHA market reveals a strategic entry point for owner-occupants. The 10.57% down payment and 89.43% LTV ratio provide accessible financing, but mandatory MIP applies for the loan’s life—ideal for borrowers with sub-620 credit. The 0.57% property tax rate is low, yet the 0.7% inflation-adjusted increase slightly raises monthly costs. For those using an FHA loan with PMI and taxes in Cross County, AR, this data confirms that the weighted down payment offers a balance of affordability and long-term MIP commitment, typical for primary residences in this market.

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.