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Winona County FHA Loan Calculator

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

Loan Details

Winona County, MN Benchmarks

FHA averages
Typical Property Value$258,134
Average Down Payment9.6%
Average Interest Rate6.418%
Effective Tax Rate0.86%
Median Tax Paid$2,180/yr
Tax Growth (Historical)+0.7%
Based on 67 regional loans totaling $15,325,000 (HMDA database).
$
%

$24,781 down · $233,353 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$185 / month

$

Annual premium

$

Per month

%

$99 / month

Estimated Monthly Payment

$1,922/mo

  • Principal & Interest$1,488
  • Property Tax$185
  • Home Insurance$150
  • FHA MIP$99
Amortization · Remaining Balance

Financed Loan Amount

$237,437

Total Interest

$298,348

Total of Payments

$535,785

*Includes financed FHA Upfront MIP of $4,084

Local Market Insights

Winona County FHA Mortgage Overview

For Winona County homebuyers, the FHA data reveals a market designed for accessible entry. The 9.58% down payment is lower than the standard 20%, helping buyers purchase a typical $258,134 home with less cash upfront. However, this comes with mandatory MIP for the life of the loan, a key factor when using an FHA loan down payment analysis in Winona County. The 90.42% LTV ratio confirms high leverage, ideal for those with a sub-620 credit score. Property taxes at 0.86%, with a 0.7% inflation-adjusted increase, add roughly $150 monthly to true affordability, impacting any FHA mortgage analysis with property taxes.

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.