Carroll County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Carroll County, MO Benchmarks

FHA averages

Typical Property Value$181,207

Average Down Payment11.5%

Average Interest Rate6.430%

Effective Tax Rate0.69%

Median Tax Paid$924/yr

Tax Growth (Historical)-3.9%

Based on 29 regional loans totaling $4,425,000 (HMDA database).

Home Price

Down Payment

$20,839 down · $160,368 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

$104 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$68 / month

Estimated Monthly Payment

$1,346/mo

Principal & Interest$1,024
Property Tax$104
Home Insurance$150
FHA MIP$68

Amortization · Remaining Balance

Financed Loan Amount

$163,175

Total Interest

$205,420

Total of Payments

$368,595

*Includes financed FHA Upfront MIP of $2,806

Local Market Insights

Carroll County FHA Mortgage Overview

In Carroll County, the average FHA buyer puts down 11.48% on a $181,207 home, which is higher than the typical 3.5% minimum. This reduces the loan amount but, critically, FHA Mortgage Insurance Premiums (MIP) remain for the life of the loan due to the 88.52% Loan-to-Value ratio, making it ideal for buyers with sub-620 credit. The 0.69% effective property tax rate is low, and the recent -3.9% inflation-adjusted tax change further reduces monthly costs. When evaluating an FHA loan with PMI and taxes in Carroll County, MO, this tax relief offsets some of the permanent MIP burden, improving true affordability for owner-occupants.

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.