Sagadahoc County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Sagadahoc County, ME Benchmarks

FHA averages

Typical Property Value$386,809

Average Down Payment14.9%

Average Interest Rate6.224%

Effective Tax Rate0.99%

Median Tax Paid$3,470/yr

Tax Growth (Historical)0.0%

Based on 94 regional loans totaling $29,910,000 (HMDA database).

Home Price

Down Payment

$57,635 down · $329,174 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

$319 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$140 / month

Estimated Monthly Payment

$2,664/mo

Principal & Interest$2,056
Property Tax$319
Home Insurance$150
FHA MIP$140

Amortization · Remaining Balance

Financed Loan Amount

$334,935

Total Interest

$405,125

Total of Payments

$740,060

*Includes financed FHA Upfront MIP of $5,761

Local Market Insights

Sagadahoc County FHA Mortgage Overview

For Sagadahoc County homebuyers using an FHA loan, the 14.88% average down payment on a $386,808 property provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, regardless of equity. With an 85.12% loan-to-value ratio and 100% primary occupancy, this data reflects owner-occupants, not investors. The 0.99% effective property tax rate and 0.0% inflation-adjusted change offer stable monthly affordability. When evaluating an FHA loan with PMI and taxes in Sagadahoc County, ME, remember MIP is permanent, making this ideal for buyers with sub-620 credit seeking lower upfront costs.

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.