Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Kansas>Rice County (FHA)

Rice County FHA Loan Calculator

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

Loan Details

Rice County, KS Benchmarks

FHA averages
Typical Property Value$160,600
Average Down Payment10.6%
Average Interest Rate6.395%
Effective Tax Rate1.35%
Median Tax Paid$1,593/yr
Tax Growth (Historical)-5.5%
Based on 25 regional loans totaling $3,585,000 (HMDA database).
$
%

$17,024 down · $143,576 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$181 / month

$

Annual premium

$

Per month

%

$61 / month

Estimated Monthly Payment

$1,304/mo

  • Principal & Interest$913
  • Property Tax$181
  • Home Insurance$150
  • FHA MIP$61
Amortization · Remaining Balance

Financed Loan Amount

$146,089

Total Interest

$182,533

Total of Payments

$328,622

*Includes financed FHA Upfront MIP of $2,513

Local Market Insights

Rice County FHA Mortgage Overview

In Rice County, the typical FHA homebuyer puts 10.55% down on a $160,600 property, providing accessible entry for those with sub-620 credit scores. However, this 10.55% down payment triggers mandatory Mortgage Insurance Premiums (MIP) for the life of the loan, a key factor for any FHA mortgage analysis with property taxes. The effective 1.35% tax rate is offset by a recent -5.5% inflation-adjusted tax shift, slightly improving monthly affordability. With a high 89.45% Loan-to-Value ratio and 100% owner-occupancy, this market reflects standard homebuyers using FHA financing to manage Rice County loan limits and tax impacts.

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.