Andrew County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Andrew County, MO Benchmarks

FHA averages

Typical Property Value$262,403

Average Down Payment12.2%

Average Interest Rate6.431%

Effective Tax Rate0.69%

Median Tax Paid$1,568/yr

Tax Growth (Historical)+1.7%

Based on 77 regional loans totaling $17,065,000 (HMDA database).

Home Price

Down Payment

$32,013 down · $230,390 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

$151 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$98 / month

Estimated Monthly Payment

$1,869/mo

Principal & Interest$1,471
Property Tax$151
Home Insurance$150
FHA MIP$98

Amortization · Remaining Balance

Financed Loan Amount

$234,422

Total Interest

$295,113

Total of Payments

$529,534

*Includes financed FHA Upfront MIP of $4,032

Local Market Insights

Andrew County FHA Mortgage Overview

In Andrew County, an FHA loan with a 12.22% down payment on a $262,403 home offers accessible entry, but mandatory Mortgage Insurance Premiums (MIP) persist for the loan’s life due to the 87.78% LTV. This profile suits buyers with sub-620 credit. The 0.69% effective property tax rate is low, though the 1.7% inflation-adjusted tax change slightly raises monthly costs. For an FHA loan calculator with PMI and taxes in Andrew County, MO, this data clarifies 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.