Johnson County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Johnson County, IA Benchmarks

FHA averages

Typical Property Value$321,111

Average Down Payment9.2%

Average Interest Rate6.019%

Effective Tax Rate1.40%

Median Tax Paid$4,681/yr

Tax Growth (Historical)-1.0%

Based on 144 regional loans totaling $41,140,000 (HMDA database).

Home Price

Down Payment

$29,542 down · $291,569 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

$375 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$124 / month

Estimated Monthly Payment

$2,431/mo

Principal & Interest$1,783
Property Tax$375
Home Insurance$150
FHA MIP$124

Amortization · Remaining Balance

Financed Loan Amount

$296,671

Total Interest

$345,033

Total of Payments

$641,704

*Includes financed FHA Upfront MIP of $5,102

Local Market Insights

Johnson County FHA Mortgage Overview

In Johnson County, the 9.16% average down payment on FHA loans provides accessible entry, though mandatory Mortgage Insurance Premiums (MIP) remain for the loan's life, regardless of equity. The 90.84% loan-to-value ratio reflects a low-risk, owner-occupied market. With a 1.40% effective property tax rate and a recent -1.0% inflation-adjusted tax shift, monthly affordability improves slightly. For those evaluating an FHA loan with PMI and taxes in Johnson County, IA, understanding the FHA loan limits and tax calculator dynamics is key. This data supports standard homebuyers, not investors.

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.