Benton County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Benton County, MO Benchmarks

FHA averages

Typical Property Value$234,394

Average Down Payment17.5%

Average Interest Rate6.422%

Effective Tax Rate0.47%

Median Tax Paid$937/yr

Tax Growth (Historical)-1.0%

Based on 66 regional loans totaling $11,760,000 (HMDA database).

Home Price

Down Payment

$41,019 down · $193,375 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

$92 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$82 / month

Estimated Monthly Payment

$1,557/mo

Principal & Interest$1,233
Property Tax$92
Home Insurance$150
FHA MIP$82

Amortization · Remaining Balance

Financed Loan Amount

$196,759

Total Interest

$247,235

Total of Payments

$443,994

*Includes financed FHA Upfront MIP of $3,384

Local Market Insights

Benton County FHA Mortgage Overview

In Benton County, the 17.47% average down payment on an FHA loan provides accessible entry for owner-occupants, though this data reflects standard homebuyers rather than investors. Despite this equity, FHA mortgage insurance premiums (MIP) remain mandatory for the loan’s life, a key factor when using an FHA loan calculator with PMI and taxes. The 82.53% loan-to-value ratio confirms this persistent MIP cost. With an effective property tax rate of 0.47% and a recent -1.0% inflation-adjusted tax decrease, monthly affordability improves slightly. For an FHA down payment calculator in Benton County, Missouri, the average property value of $234,393.94 and 6.422% interest rate mean lower taxes partially offset the lifetime MIP burden.

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.