Warren County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Warren County, NY Benchmarks

FHA averages

Typical Property Value$288,037

Average Down Payment13.0%

Average Interest Rate6.422%

Effective Tax Rate1.28%

Median Tax Paid$3,936/yr

Tax Growth (Historical)+0.8%

Based on 135 regional loans totaling $32,945,000 (HMDA database).

Home Price

Down Payment

$37,445 down · $250,592 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

$307 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$106 / month

Estimated Monthly Payment

$2,162/mo

Principal & Interest$1,598
Property Tax$307
Home Insurance$150
FHA MIP$106

Amortization · Remaining Balance

Financed Loan Amount

$254,978

Total Interest

$320,389

Total of Payments

$575,366

*Includes financed FHA Upfront MIP of $4,385

Local Market Insights

Warren County FHA Mortgage Overview

In Warren County, the 12.99% average down payment on FHA loans provides accessible entry for buyers, especially those with sub-620 credit scores. However, mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 87.01% Loan-to-Value ratio, as this data reflects 100% primary residences. The effective property tax rate of 1.28% and a recent 0.8% inflation-adjusted tax increase mean monthly affordability is impacted beyond the interest rate of 6.422%. For a comprehensive view of your FHA loan with PMI and taxes in Warren County, NY, understanding these local down payment and tax dynamics is crucial.

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.