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Humphreys County FHA Loan Calculator

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

Loan Details

Humphreys County, MS Benchmarks

FHA averages
Typical Property Value$143,750
Average Down Payment9.6%
Average Interest Rate6.679%
Effective Tax Rate0.74%
Median Tax Paid$861/yr
Tax Growth (Historical)-14.8%
Based on 16 regional loans totaling $2,030,000 (HMDA database).
$
%

$13,800 down · $129,950 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$89 / month

$

Annual premium

$

Per month

%

$55 / month

Estimated Monthly Payment

$1,145/mo

  • Principal & Interest$851
  • Property Tax$89
  • Home Insurance$150
  • FHA MIP$55
Amortization · Remaining Balance

Financed Loan Amount

$132,224

Total Interest

$174,301

Total of Payments

$306,526

*Includes financed FHA Upfront MIP of $2,274

Local Market Insights

Humphreys County FHA Mortgage Overview

For Humphreys County homebuyers, the 9.56% weighted average down payment on FHA loans provides accessible entry, but note that FHA requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, regardless of this down payment. The 90.44% Loan-to-Value ratio confirms typical owner-occupied purchases. With an effective property tax rate of 0.74% and a recent inflation-adjusted tax decline of -14.8%, monthly affordability improves. When using an FHA loan calculator with PMI and taxes in Humphreys County, MS, this lower tax burden offsets the permanent MIP cost, making the $143,750 average property value more manageable despite a 6.679% interest rate.

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.