Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Indiana>Rush County (FHA)

Rush County FHA Loan Calculator

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

Loan Details

Rush County, IN Benchmarks

FHA averages
Typical Property Value$218,068
Average Down Payment14.7%
Average Interest Rate6.473%
Effective Tax Rate0.60%
Median Tax Paid$1,079/yr
Tax Growth (Historical)+3.3%
Based on 88 regional loans totaling $15,920,000 (HMDA database).
$
%

$32,056 down · $186,012 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$109 / month

$

Annual premium

$

Per month

%

$79 / month

Estimated Monthly Payment

$1,530/mo

  • Principal & Interest$1,193
  • Property Tax$109
  • Home Insurance$150
  • FHA MIP$79
Amortization · Remaining Balance

Financed Loan Amount

$189,267

Total Interest

$240,056

Total of Payments

$429,324

*Includes financed FHA Upfront MIP of $3,255

Local Market Insights

Rush County FHA Mortgage Overview

Rush County’s FHA market shows accessible entry via a 14.70% down payment, yet this triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for buyers with sub-620 credit seeking an FHA loan with PMI and taxes. The 85.30% LTV confirms strong equity but no MIP cancellation. At a 0.60% effective tax rate, the 3.3% inflation-adjusted increase adds modest monthly cost; an FHA mortgage tool with property taxes must account for this shift. All loans here are for primary residences, reflecting owner-occupant stability.

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.