Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Arkansas>Sevier County (FHA)

Sevier County FHA Loan Calculator

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

Loan Details

Sevier County, AR Benchmarks

FHA averages
Typical Property Value$204,355
Average Down Payment13.4%
Average Interest Rate6.560%
Effective Tax Rate0.45%
Median Tax Paid$514/yr
Tax Growth (Historical)-7.0%
Based on 31 regional loans totaling $5,295,000 (HMDA database).
$
%

$27,384 down · $176,971 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$77 / month

$

Annual premium

$

Per month

%

$75 / month

Estimated Monthly Payment

$1,447/mo

  • Principal & Interest$1,145
  • Property Tax$77
  • Home Insurance$150
  • FHA MIP$75
Amortization · Remaining Balance

Financed Loan Amount

$180,068

Total Interest

$232,229

Total of Payments

$412,297

*Includes financed FHA Upfront MIP of $3,097

Local Market Insights

Sevier County FHA Mortgage Overview

In Sevier County, the typical FHA buyer secures a home valued at $204,355 with a 13.36% down payment, resulting in an 86.64% loan-to-value ratio. While this down payment provides accessible entry, FHA's Mortgage Insurance Premium (MIP) is mandatory for the loan's life, regardless of equity built. This structure is advantageous for buyers with sub-620 credit scores, as conventional options would require higher credit or a path to cancel PMI. The effective property tax rate of 0.45%, coupled with a -7.0% inflation-adjusted tax decrease, modestly lowers true monthly affordability. For those exploring Sevier County FHA loan limits and tax considerations, this data confirms a stable, owner-occupied 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.