Harrison County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Harrison County, Iowa 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

Harrison County, IA Benchmarks

FHA averages

Typical Property Value$228,333

Average Down Payment12.0%

Average Interest Rate6.673%

Effective Tax Rate1.19%

Home Price

Down Payment

$27,400 down · $200,933 financed

Estimated Monthly Payment

$1,777/mo

Principal & Interest$1,315
Property Tax$226
Home Insurance$150
FHA MIP$85

Amortization · Remaining Balance

Financed Loan Amount

$204,449

Total Interest

$269,023

Total of Payments

$473,472

*Includes financed FHA Upfront MIP of $3,516

Local Market Insights

Harrison County FHA Mortgage Overview

Harrison County FHA buyers benefit from the accessible 11.97% down payment, but must factor in mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, even with this equity level. The 88.03% loan-to-value ratio confirms a lower-risk profile for lenders, ideal for those with sub-620 credit. With a 1.19% effective property tax rate and a 1.9% inflation-adjusted increase, monthly affordability tightens. This FHA loan with PMI and taxes data reflects 100% primary residences, not investments.

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.