Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Missouri>Lewis County (FHA)

Lewis County FHA Loan Calculator

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

Loan Details

Lewis County, MO Benchmarks

FHA averages
Typical Property Value$190,789
Average Down Payment7.9%
Average Interest Rate6.440%
Effective Tax Rate0.64%
Median Tax Paid$919/yr
Tax Growth (Historical)+1.9%
Based on 19 regional loans totaling $3,275,000 (HMDA database).
$
%

$15,072 down · $175,717 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$102 / month

$

Annual premium

$

Per month

%

$74 / month

Estimated Monthly Payment

$1,449/mo

  • Principal & Interest$1,123
  • Property Tax$102
  • Home Insurance$150
  • FHA MIP$74
Amortization · Remaining Balance

Financed Loan Amount

$178,792

Total Interest

$225,503

Total of Payments

$404,294

*Includes financed FHA Upfront MIP of $3,075

Local Market Insights

Lewis County FHA Mortgage Overview

For Lewis County homebuyers utilizing an FHA loan, the 7.93% down payment on a $190,789 average property offers accessible entry, though mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life due to the 92.07% loan-to-value ratio. This structure suits owner-occupants, especially those with sub-620 credit, as MIP cannot be canceled. The effective property tax rate of 0.64%, adjusted upward by 1.9% for inflation, adds roughly $102 monthly to true affordability. When evaluating Lewis County FHA loan limits and property taxes, this low tax burden helps offset the permanent MIP cost.

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.