Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Kansas>Cowley County (FHA)

Cowley County FHA Loan Calculator

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

Loan Details

Cowley County, KS Benchmarks

FHA averages
Typical Property Value$164,691
Average Down Payment9.5%
Average Interest Rate6.428%
Effective Tax Rate1.15%
Median Tax Paid$1,999/yr
Tax Growth (Historical)+3.3%
Based on 97 regional loans totaling $14,055,000 (HMDA database).
$
%

$15,646 down · $149,045 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$158 / month

$

Annual premium

$

Per month

%

$63 / month

Estimated Monthly Payment

$1,323/mo

  • Principal & Interest$952
  • Property Tax$158
  • Home Insurance$150
  • FHA MIP$63
Amortization · Remaining Balance

Financed Loan Amount

$151,654

Total Interest

$190,916

Total of Payments

$342,570

*Includes financed FHA Upfront MIP of $2,608

Local Market Insights

Cowley County FHA Mortgage Overview

Cowley County homebuyers utilizing FHA loans benefit from the accessible 9.49% average down payment, significantly lowering the barrier to entry. However, with a 90.51% loan-to-value ratio, the mandatory Mortgage Insurance Premium (MIP) is required for the life of the loan, a key factor for those with sub-620 credit. The effective 1.15% property tax rate, adjusted up 3.3% for inflation, directly impacts monthly affordability when using an FHA loan calculator with PMI and taxes in Cowley County, KS. Combined with the current 6.428% average interest rate, these figures underscore that while Cowley County FHA loan limits are accessible, true cost analysis must include permanent MIP.

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.