Livingston Parish FHA Loan Calculator

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

Loan Details

Baseline

Rates

Taxes & Ins.

DTI

US County (Smart Autofill)

Loan Type

Credit Score (FICO)

Your credit score determines your risk profile. A higher score lowers your interest rate and conventional PMI costs.

Representative Score: 780 (Excellent (Prime)) · FHA uses credit-agnostic pricing

Livingston Parish, LA Benchmarks

FHA averages

Typical Property Value$256,671

Average Down Payment6.5%

Average Interest Rate6.205%

Effective Tax Rate0.44%

Home Price

Down Payment

$16,684 down · $239,987 financed

Estimated Monthly Payment

$1,843/mo

Principal & Interest$1,497
Property Tax$94
Home Insurance$150
FHA MIP$102

Amortization · Remaining Balance

Financed Loan Amount

$244,187

Total Interest

$294,789

Total of Payments

$538,976

*Includes financed FHA Upfront MIP of $4,200

Local Market Insights

Livingston Parish FHA Mortgage Overview

For Livingston Parish homebuyers, an FHA loan with a 6.47% down payment is a strategic entry point, requiring just $16,607 on a $256,671 property. However, the 93.53% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life—ideal for buyers with sub-620 credit. The effective property tax rate of 0.44% is low, and the recent -4.2% inflation-adjusted tax shift slightly improves monthly affordability. When evaluating an FHA loan with PMI and taxes, the low tax burden offsets some MIP costs, making Livingston Parish FHA mortgage options with property taxes notably manageable for primary residences.

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.