Volusia County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Volusia County, FL Benchmarks

FHA averages

Typical Property Value$328,531

Average Down Payment8.5%

Average Interest Rate5.989%

Effective Tax Rate0.78%

Median Tax Paid$2,395/yr

Tax Growth (Historical)+6.6%

Based on 3,609 regional loans totaling $1,062,195,000 (HMDA database).

Home Price

Down Payment

$27,925 down · $300,606 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

$214 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$127 / month

Estimated Monthly Payment

$2,323/mo

Principal & Interest$1,832
Property Tax$214
Home Insurance$150
FHA MIP$127

Amortization · Remaining Balance

Financed Loan Amount

$305,866

Total Interest

$353,602

Total of Payments

$659,469

*Includes financed FHA Upfront MIP of $5,261

Local Market Insights

Volusia County FHA Mortgage Overview

Volusia County FHA buyers are leveraging an accessible 8.50% down payment on a $328,531 average property, ideal for those with sub-620 credit. However, the 91.50% LTV ratio means mandatory Mortgage Insurance Premiums (MIP) remain for the loan's life, a key factor when using an FHA loan calculator with PMI and taxes in Volusia County, FL. The effective 0.78% property tax rate, recently adjusted by 6.6% for inflation, adds roughly $214 monthly to true affordability. This data reflects 100% owner-occupied purchases, not investors, highlighting strong local demand for 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.