Caldwell Parish FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Caldwell Parish, LA Benchmarks

FHA averages

Typical Property Value$185,000

Average Down Payment8.1%

Average Interest Rate6.608%

Effective Tax Rate0.29%

Median Tax Paid$415/yr

Tax Growth (Historical)+18.1%

Based on 21 regional loans totaling $3,575,000 (HMDA database).

Home Price

Down Payment

$14,985 down · $170,015 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

$45 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$72 / month

Estimated Monthly Payment

$1,373/mo

Principal & Interest$1,106
Property Tax$45
Home Insurance$150
FHA MIP$72

Amortization · Remaining Balance

Financed Loan Amount

$172,990

Total Interest

$225,155

Total of Payments

$398,146

*Includes financed FHA Upfront MIP of $2,975

Local Market Insights

Caldwell Parish FHA Mortgage Overview

In Caldwell Parish, the average 8.09% down payment on an FHA loan provides accessible entry, but the 91.91% LTV means mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan—ideal for buyers with sub-620 credit seeking primary residences. The 0.29% property tax rate is exceptionally low, yet the 18.1% inflation-adjusted tax shift will modestly increase monthly costs. For accurate budgeting with an FHA loan down payment and property taxes in Caldwell Parish, LA, consider that the 6.608% rate and MIP impact true affordability for owner-occupied homes.

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.