Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Arkansas>Madison County (FHA)

Madison County FHA Loan Calculator

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

Loan Details

Madison County, AR Benchmarks

FHA averages
Typical Property Value$277,903
Average Down Payment14.4%
Average Interest Rate6.203%
Effective Tax Rate0.32%
Median Tax Paid$736/yr
Tax Growth (Historical)+1.7%
Based on 62 regional loans totaling $13,830,000 (HMDA database).
$
%

$40,018 down · $237,885 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$74 / month

$

Annual premium

$

Per month

%

$101 / month

Estimated Monthly Payment

$1,807/mo

  • Principal & Interest$1,482
  • Property Tax$74
  • Home Insurance$150
  • FHA MIP$101
Amortization · Remaining Balance

Financed Loan Amount

$242,048

Total Interest

$291,641

Total of Payments

$533,689

*Includes financed FHA Upfront MIP of $4,163

Local Market Insights

Madison County FHA Mortgage Overview

For Madison County, AR homebuyers, the 14.41% average down payment on an FHA loan offers accessible entry, but note that FHA requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan, regardless of this equity level. The 85.59% loan-to-value ratio confirms this is a standard owner-occupied purchase. With an effective property tax rate of just 0.32% and a modest 1.7% inflation-adjusted increase, monthly affordability is supported. When evaluating an FHA loan with PMI and taxes in Madison County, AR, the low tax burden helps offset the permanent MIP cost, making this market favorable for buyers with sub-620 credit scores seeking 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.