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Knox County FHA Loan Calculator

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

Loan Details

Knox County, MO Benchmarks

FHA averages
Typical Property Value$162,692
Average Down Payment3.4%
Average Interest Rate6.825%
Effective Tax Rate0.65%
Median Tax Paid$842/yr
Tax Growth (Historical)+4.7%
Based on 13 regional loans totaling $2,015,000 (HMDA database).
$
%

$5,532 down · $157,160 financed

FHA loans require a minimum of 3.5% down payment (or matching dollar amount).

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$88 / month

$

Annual premium

$

Per month

%

$73 / month

Estimated Monthly Payment

$1,357/mo

  • Principal & Interest$1,046
  • Property Tax$88
  • Home Insurance$150
  • FHA MIP$73
Amortization · Remaining Balance

Financed Loan Amount

$159,911

Total Interest

$216,540

Total of Payments

$376,451

*Includes financed FHA Upfront MIP of $2,750

Local Market Insights

Knox County FHA Mortgage Overview

In Knox County, FHA loans provide accessible entry with a 3.39% down payment on a $162,692 average property. However, the 96.61% LTV ratio confirms MIP is required for the loan’s life, ideal for buyers with sub-620 credit. The 0.65% effective tax rate, with a 4.7% inflation-adjusted increase, adds to monthly costs. For an FHA loan with PMI and taxes in Knox County, MO, this low-down-payment option prioritizes affordability over long-term premium avoidance. All 100% of buyers are owner-occupants, not investors.

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.