Butler County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Butler County, MO Benchmarks

FHA averages

Typical Property Value$193,452

Average Down Payment11.8%

Average Interest Rate6.445%

Effective Tax Rate0.64%

Median Tax Paid$967/yr

Tax Growth (Historical)+0.4%

Based on 155 regional loans totaling $26,075,000 (HMDA database).

Home Price

Down Payment

$22,827 down · $170,625 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

$103 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$72 / month

Estimated Monthly Payment

$1,417/mo

Principal & Interest$1,092
Property Tax$103
Home Insurance$150
FHA MIP$72

Amortization · Remaining Balance

Financed Loan Amount

$173,611

Total Interest

$219,378

Total of Payments

$392,988

*Includes financed FHA Upfront MIP of $2,986

Local Market Insights

Butler County FHA Mortgage Overview

Butler County homebuyers using an FHA loan are putting down 11.83%, slightly above the minimum, which lowers the loan amount but does not remove the mandatory Mortgage Insurance Premium (MIP) for the life of the loan. With an 88.17% loan-to-value ratio and 100% owner-occupancy, this data reflects standard primary residence purchases. The 0.64% property tax rate, with a recent 0.4% inflation-adjusted increase, adds modestly to monthly costs. For those exploring an FHA loan down payment in Butler County, Missouri, this accessible entry point is ideal for buyers with a sub-620 credit score, though the MIP remains permanent. Understanding Butler County FHA loan limits and property taxes is crucial for accurate budgeting.

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.