Edmonson County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Edmonson County, KY Benchmarks

FHA averages

Typical Property Value$242,857

Average Down Payment9.2%

Average Interest Rate6.448%

Effective Tax Rate0.51%

Median Tax Paid$881/yr

Tax Growth (Historical)+7.5%

Based on 56 regional loans totaling $11,900,000 (HMDA database).

Home Price

Down Payment

$22,343 down · $220,514 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

$103 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$93 / month

Estimated Monthly Payment

$1,758/mo

Principal & Interest$1,411
Property Tax$103
Home Insurance$150
FHA MIP$93

Amortization · Remaining Balance

Financed Loan Amount

$224,373

Total Interest

$283,522

Total of Payments

$507,896

*Includes financed FHA Upfront MIP of $3,859

Local Market Insights

Edmonson County FHA Mortgage Overview

Edmonson County homebuyers utilizing FHA loans benefit from a low 9.24% down payment, providing accessible entry despite requiring mandatory Mortgage Insurance Premiums (MIP) for the loan’s life. With a 90.76% loan-to-value ratio and 100% primary occupancy, this data reflects owner-occupants, not investors. The 0.51% property tax rate is modest, but the recent 7.5% inflation-adjusted tax change will increase monthly costs. For accurate budgeting, consider an FHA loan with PMI and taxes in Edmonson County, KY, ensuring the 6.448% interest rate and property tax shifts are factored into your true affordability.

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.