Ste. Genevieve County FHA Loan Calculator

For Ste. Genevieve County homebuyers, the 12.41% average down payment on FHA loans provides accessible entry, though note that mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan regardless of equity. The 87.59% loan-to-value ratio confirms this is a low-down-payment market, ideal for those with sub-620 credit seeking owner-occupied primary residences. With an average property value of $266,093.75 and a 6.285% interest rate, the effective property tax rate of 0.66% is modest, and the -1.7% inflation-adjusted tax change offers slight monthly relief. When assessing an FHA loan down payment strategy with PMI and taxes in Ste. Genevieve County, MO, the low tax burden helps offset the permanent MIP cost.