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Warren County FHA Loan Calculator

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

Loan Details

Warren County, IN Benchmarks

FHA averages
Typical Property Value$208,500
Average Down Payment14.5%
Average Interest Rate6.609%
Effective Tax Rate0.55%
Median Tax Paid$914/yr
Tax Growth (Historical)+7.6%
Based on 60 regional loans totaling $10,410,000 (HMDA database).
$
%

$30,233 down · $178,268 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$96 / month

$

Annual premium

$

Per month

%

$76 / month

Estimated Monthly Payment

$1,481/mo

  • Principal & Interest$1,160
  • Property Tax$96
  • Home Insurance$150
  • FHA MIP$76
Amortization · Remaining Balance

Financed Loan Amount

$181,387

Total Interest

$236,084

Total of Payments

$417,472

*Includes financed FHA Upfront MIP of $3,120

Local Market Insights

Warren County FHA Mortgage Overview

For Warren County homebuyers using an FHA loan, the 14.52% weighted average down payment provides accessible market entry, though it triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life regardless of equity. The 85.48% median loan-to-value (LTV) ratio confirms this is a standard owner-occupied market. With an average property value of $208,500 and a 6.609% interest rate, the effective property tax rate of 0.55% is low, but the recent 7.6% inflation-adjusted tax increase will noticeably impact monthly affordability. When evaluating an FHA loan with PMI and taxes in Warren County, IN, or assessing Warren County FHA loan limits and tax impacts, this data highlights that the low down payment offsets the permanent MIP, making it ideal for buyers with sub-620 credit scores entering the local market.

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.