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Kosciusko County FHA Loan Calculator

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

Loan Details

Kosciusko County, IN Benchmarks

FHA averages
Typical Property Value$245,816
Average Down Payment11.4%
Average Interest Rate6.543%
Effective Tax Rate0.63%
Median Tax Paid$1,303/yr
Tax Growth (Historical)+5.5%
Based on 294 regional loans totaling $61,400,000 (HMDA database).
$
%

$28,023 down · $217,793 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$129 / month

$

Annual premium

$

Per month

%

$92 / month

Estimated Monthly Payment

$1,778/mo

  • Principal & Interest$1,407
  • Property Tax$129
  • Home Insurance$150
  • FHA MIP$92
Amortization · Remaining Balance

Financed Loan Amount

$221,604

Total Interest

$284,745

Total of Payments

$506,349

*Includes financed FHA Upfront MIP of $3,811

Local Market Insights

Kosciusko County FHA Mortgage Overview

Kosiusko County FHA buyers are leveraging an accessible 11.43% down payment against a $245,816 average property value. With an 88.57% LTV and 100% primary occupancy, this data confirms owner-occupants using FHA financing. Crucially, despite this down payment exceeding the minimum 3.5%, the mandatory Mortgage Insurance Premium (MIP) remains for the loan’s life—a key factor when using an FHA mortgage calculator with property taxes. The 0.63% effective tax rate is low, but the recent 5.5% inflation-adjusted increase adds roughly $85 annually to true monthly affordability, a figure any Kosciusko County FHA loan limits and tax assessment should reflect.

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.