Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Missouri>Henry County (FHA)

Henry County FHA Loan Calculator

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

Loan Details

Henry County, MO Benchmarks

FHA averages
Typical Property Value$215,458
Average Down Payment13.6%
Average Interest Rate6.432%
Effective Tax Rate0.62%
Median Tax Paid$1,296/yr
Tax Growth (Historical)+2.2%
Based on 131 regional loans totaling $23,375,000 (HMDA database).
$
%

$29,302 down · $186,156 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$111 / month

$

Annual premium

$

Per month

%

$79 / month

Estimated Monthly Payment

$1,529/mo

  • Principal & Interest$1,189
  • Property Tax$111
  • Home Insurance$150
  • FHA MIP$79
Amortization · Remaining Balance

Financed Loan Amount

$189,413

Total Interest

$238,452

Total of Payments

$427,866

*Includes financed FHA Upfront MIP of $3,258

Local Market Insights

Henry County FHA Mortgage Overview

In Henry County, the 13.59% down payment on an FHA loan provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life, even with this equity. The 86.41% loan-to-value ratio confirms this is typical for owner-occupied buyers. With an average property value of $215,458.02 and a 6.432% rate, the effective property tax rate of 0.62% keeps monthly costs manageable, though the recent 2.2% inflation-adjusted tax shift slightly increases long-term affordability. This data helps assess FHA loan limits and taxes in Henry County, MO, for primary residence purchases.

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.