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Greene County FHA Loan Calculator

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

Loan Details

Greene County, IN Benchmarks

FHA averages
Typical Property Value$201,752
Average Down Payment11.3%
Average Interest Rate6.590%
Effective Tax Rate0.62%
Median Tax Paid$896/yr
Tax Growth (Historical)-2.9%
Based on 157 regional loans totaling $27,435,000 (HMDA database).
$
%

$22,798 down · $178,954 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$104 / month

$

Annual premium

$

Per month

%

$76 / month

Estimated Monthly Payment

$1,492/mo

  • Principal & Interest$1,162
  • Property Tax$104
  • Home Insurance$150
  • FHA MIP$76
Amortization · Remaining Balance

Financed Loan Amount

$182,086

Total Interest

$236,128

Total of Payments

$418,213

*Includes financed FHA Upfront MIP of $3,132

Local Market Insights

Greene County FHA Mortgage Overview

In Greene County, the 11.35% average down payment on FHA loans provides accessible entry for owner-occupants, but mandatory Mortgage Insurance Premiums (MIP) apply for the life of the loan regardless of equity. With an 88.65% Loan-to-Value ratio, this is ideal for buyers with sub-620 credit scores. The effective property tax rate of 0.62% is modest, and the recent -2.9% inflation-adjusted tax change slightly lowers monthly affordability. When evaluating an FHA loan down payment with PMI and taxes in Greene County, IN, note the average property value of $201,752 and a 6.590% interest rate. This Greene County FHA mortgage analysis with property taxes confirms the tax relief helps offset the permanent MIP cost.

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.