Dawson County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Dawson County, GA Benchmarks

FHA averages

Typical Property Value$428,088

Average Down Payment9.0%

Average Interest Rate5.912%

Effective Tax Rate0.61%

Median Tax Paid$2,430/yr

Tax Growth (Historical)+6.0%

Based on 273 regional loans totaling $104,985,000 (HMDA database).

Home Price

Down Payment

$38,528 down · $389,560 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

$218 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$165 / month

Estimated Monthly Payment

$2,886/mo

Principal & Interest$2,354
Property Tax$218
Home Insurance$150
FHA MIP$165

Amortization · Remaining Balance

Financed Loan Amount

$396,377

Total Interest

$450,917

Total of Payments

$847,295

*Includes financed FHA Upfront MIP of $6,817

Local Market Insights

Dawson County FHA Mortgage Overview

In Dawson County, an FHA loan with a 9.00% down payment and a 91.00% Loan-to-Value (LTV) ratio provides accessible entry for owner-occupants, though mandatory Mortgage Insurance Premiums (MIP) remain for the loan’s life, regardless of equity. The 5.912% interest rate on a $428,088 average property is manageable, but the effective tax rate of 0.61% and a recent 6.0% inflation-adjusted tax increase raise monthly costs. When evaluating Dawson County FHA mortgage options with property taxes, the low down payment offsets the permanent MIP, making this ideal for buyers with sub-620 credit seeking primary residence financing.

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.