Logan County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Logan County, NE Benchmarks

FHA averages

Typical Property Value$135,000

Average Down Payment9.0%

Average Interest Rate6.788%

Effective Tax Rate0.45%

Median Tax Paid$1,712/yr

Tax Growth (Historical)+3.6%

Based on 3 regional loans totaling $375,000 (HMDA database).

Home Price

Down Payment

$12,150 down · $122,850 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$51 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$52 / month

Estimated Monthly Payment

$1,067/mo

Principal & Interest$814
Property Tax$51
Home Insurance$150
FHA MIP$52

Amortization · Remaining Balance

Financed Loan Amount

$125,000

Total Interest

$168,066

Total of Payments

$293,066

*Includes financed FHA Upfront MIP of $2,150

Local Market Insights

Logan County FHA Mortgage Overview

In Logan County, Nebraska, the 9.00% average down payment on an FHA loan, coupled with a 91.00% loan-to-value ratio, provides accessible entry for owner-occupants. However, because this is an FHA mortgage, the mandatory Mortgage Insurance Premium (MIP) remains for the loan’s life, even with a sub-620 credit score. The effective property tax rate of 0.45% is low, but the recent 3.6% inflation-adjusted increase will raise monthly costs. For an FHA loan with PMI and taxes in Logan County, NE, the $135,000 average property value keeps limits favorable for first-time buyers.

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.