Dallas County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Dallas County, AR Benchmarks

FHA averages

Typical Property Value$135,769

Average Down Payment8.5%

Average Interest Rate6.666%

Effective Tax Rate0.51%

Median Tax Paid$547/yr

Tax Growth (Historical)+15.6%

Based on 13 regional loans totaling $1,585,000 (HMDA database).

Home Price

Down Payment

$11,540 down · $124,229 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

$58 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$53 / month

Estimated Monthly Payment

$1,074/mo

Principal & Interest$813
Property Tax$58
Home Insurance$150
FHA MIP$53

Amortization · Remaining Balance

Financed Loan Amount

$126,403

Total Interest

$166,326

Total of Payments

$292,728

*Includes financed FHA Upfront MIP of $2,174

Local Market Insights

Dallas County FHA Mortgage Overview

For Dallas County homebuyers, the 8.53% average down payment on an FHA loan provides accessible entry, but the mandatory Mortgage Insurance Premium (MIP) applies for the loan’s life due to the high 91.47% loan-to-value ratio. This structure is ideal for those with sub-620 credit scores seeking a primary residence. The 0.51% effective property tax rate is low, yet the 15.6% inflation-adjusted tax increase will notably raise monthly payments. When evaluating an FHA loan with PMI and taxes in Dallas County, AR, these costs directly impact true affordability on a $135,769 average property.

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.