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Hickory County FHA Loan Calculator

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

Loan Details

Hickory County, MO Benchmarks

FHA averages
Typical Property Value$166,290
Average Down Payment9.4%
Average Interest Rate6.515%
Effective Tax Rate0.40%
Median Tax Paid$722/yr
Tax Growth (Historical)+20.5%
Based on 31 regional loans totaling $4,625,000 (HMDA database).
$
%

$15,631 down · $150,659 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$55 / month

$

Annual premium

$

Per month

%

$64 / month

Estimated Monthly Payment

$1,239/mo

  • Principal & Interest$970
  • Property Tax$55
  • Home Insurance$150
  • FHA MIP$64
Amortization · Remaining Balance

Financed Loan Amount

$153,295

Total Interest

$195,883

Total of Payments

$349,178

*Includes financed FHA Upfront MIP of $2,637

Local Market Insights

Hickory County FHA Mortgage Overview

For Hickory County homebuyers leveraging an FHA loan, the 9.45% down payment on a $166,290 average property provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life due to the 90.55% LTV ratio. The effective property tax rate of 0.40% is low, yet the 20.5% inflation-adjusted tax increase will meaningfully raise true monthly affordability for primary residences. This data reflects 100% owner-occupied buyers, making Hickory County FHA loan limits and tax considerations critical for budgeting with PMI and taxes.

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.