Perry County FHA Loan Calculator

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

Loan Details

Baseline

Rates

Taxes & Ins.

DTI

US County (Smart Autofill)

Loan Type

Credit Score (FICO)

Your credit score determines your risk profile. A higher score lowers your interest rate and conventional PMI costs.

Representative Score: 780 (Excellent (Prime)) · FHA uses credit-agnostic pricing

Perry County, MO Benchmarks

FHA averages

Typical Property Value$216,364

Average Down Payment11.4%

Average Interest Rate6.344%

Effective Tax Rate0.57%

Home Price

Down Payment

$24,665 down · $191,699 financed

Estimated Monthly Payment

$1,546/mo

Principal & Interest$1,212
Property Tax$103
Home Insurance$150
FHA MIP$81

Amortization · Remaining Balance

Financed Loan Amount

$195,053

Total Interest

$241,417

Total of Payments

$436,470

*Includes financed FHA Upfront MIP of $3,355

Local Market Insights

Perry County FHA Mortgage Overview

For Perry County homebuyers using an FHA loan, the 11.40% down payment on a $216,364 property offers accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life regardless of equity. The 88.60% loan-to-value ratio confirms a low-risk, owner-occupied market. With a 6.344% interest rate and a 0.57% property tax rate—recently adjusted down by -1.1% inflation-adjusted—monthly affordability is slightly improved. This data helps evaluate Perry County FHA loan limits and tax impacts for primary residences.

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.