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Lancaster County FHA Loan Calculator

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

Loan Details

Lancaster County, NE Benchmarks

FHA averages
Typical Property Value$285,635
Average Down Payment9.2%
Average Interest Rate6.212%
Effective Tax Rate1.43%
Median Tax Paid$4,204/yr
Tax Growth (Historical)+0.6%
Based on 803 regional loans totaling $204,145,000 (HMDA database).
$
%

$26,278 down · $259,357 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$340 / month

$

Annual premium

$

Per month

%

$110 / month

Estimated Monthly Payment

$2,218/mo

  • Principal & Interest$1,618
  • Property Tax$340
  • Home Insurance$150
  • FHA MIP$110
Amortization · Remaining Balance

Financed Loan Amount

$263,895

Total Interest

$318,581

Total of Payments

$582,476

*Includes financed FHA Upfront MIP of $4,539

Local Market Insights

Lancaster County FHA Mortgage Overview

For Lancaster County homebuyers using an FHA loan, the 9.15% average down payment provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s entire life due to the 90.85% loan-to-value ratio—ideal if you have a sub-620 credit score. The 1.43% property tax rate, with a 0.6% inflation-adjusted increase, adds roughly $340 annually, impacting true monthly affordability. When evaluating an FHA loan with PMI and taxes in Lancaster County, NE, or considering an FHA down payment in this market, remember these costs persist. All data reflects owner-occupied purchases, not investments.

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.