Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Louisiana>Claiborne Parish (FHA)

Claiborne Parish FHA Loan Calculator

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

Loan Details

Claiborne Parish, LA Benchmarks

FHA averages
Typical Property Value$188,214
Average Down Payment13.4%
Average Interest Rate6.466%
Effective Tax Rate0.26%
Median Tax Paid$356/yr
Tax Growth (Historical)+13.6%
Based on 28 regional loans totaling $4,340,000 (HMDA database).
$
%

$25,221 down · $162,993 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$41 / month

$

Annual premium

$

Per month

%

$69 / month

Estimated Monthly Payment

$1,305/mo

  • Principal & Interest$1,045
  • Property Tax$41
  • Home Insurance$150
  • FHA MIP$69
Amortization · Remaining Balance

Financed Loan Amount

$165,846

Total Interest

$210,350

Total of Payments

$376,196

*Includes financed FHA Upfront MIP of $2,852

Local Market Insights

Claiborne Parish FHA Mortgage Overview

In Claiborne Parish, FHA buyers are leveraging a 13.43% down payment against an average property value of $188,214. This accessible entry point, combined with an 86.57% LTV, requires mandatory MIP for the loan's life—ideal for those with sub-620 credit. The effective 0.26% property tax rate is favorable, but the recent 13.6% inflation-adjusted tax increase will meaningfully impact monthly affordability for a Claiborne Parish FHA mortgage with property taxes. For precise figures on FHA loan limits and down payment scenarios, use the interactive tool above.

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.