Pasco County FHA Loan Calculator

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

Loan Details

Baseline

Rates

Taxes & Ins.

DTI

US County (Smart Autofill)

Loan Type

Credit Score (FICO)

Your credit score determines your risk profile. A higher score lowers your interest rate and conventional PMI costs.

Representative Score: 780 (Excellent (Prime)) · FHA uses credit-agnostic pricing

Pasco County, FL Benchmarks

FHA averages

Typical Property Value$333,395

Average Down Payment7.3%

Average Interest Rate5.784%

Effective Tax Rate0.82%

Home Price

Down Payment

$24,338 down · $309,057 financed

Estimated Monthly Payment

$2,350/mo

Principal & Interest$1,841
Property Tax$228
Home Insurance$150
FHA MIP$131

Amortization · Remaining Balance

Financed Loan Amount

$314,466

Total Interest

$348,342

Total of Payments

$662,808

*Includes financed FHA Upfront MIP of $5,409

Local Market Insights

Pasco County FHA Mortgage Overview

In Pasco County, the 7.26% average down payment on an FHA loan provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 92.74% Loan-to-Value ratio. This data, reflecting 100% owner-occupied purchases, makes the Pasco County FHA loan limits and tax analysis crucial for affordability. The 0.82% effective property tax rate, adjusted upward by 5.5% for inflation, directly increases monthly costs. Homebuyers using a Pasco County FHA mortgage calculator with property taxes must factor in this permanent MIP and rising tax burden when assessing true monthly affordability.

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.