Wabaunsee County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Wabaunsee County, KS Benchmarks

FHA averages

Typical Property Value$259,667

Average Down Payment14.0%

Average Interest Rate6.381%

Effective Tax Rate1.06%

Median Tax Paid$2,276/yr

Tax Growth (Historical)-2.7%

Based on 30 regional loans totaling $6,670,000 (HMDA database).

Home Price

Down Payment

$36,353 down · $223,314 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$229 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$95 / month

Estimated Monthly Payment

$1,892/mo

Principal & Interest$1,418
Property Tax$229
Home Insurance$150
FHA MIP$95

Amortization · Remaining Balance

Financed Loan Amount

$227,222

Total Interest

$283,370

Total of Payments

$510,592

*Includes financed FHA Upfront MIP of $3,908

Local Market Insights

Wabaunsee County FHA Mortgage Overview

For Wabaunsee County homebuyers using an FHA loan, the 14.02% down payment and 85.98% loan-to-value ratio provide accessible entry, though mandatory Mortgage Insurance Premiums (MIP) remain for the loan’s life—ideal for those with sub-620 credit scores. With a 6.381% average interest rate on a $259,666.67 property, the 1.06% effective tax rate and recent -2.7% inflation-adjusted decrease slightly ease monthly costs. When evaluating FHA loan down payment and property tax impacts in this market, note that 100% of buyers are owner-occupants, reinforcing stable primary residence demand.

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.