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Defiance County FHA Loan Calculator

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

Loan Details

Defiance County, OH Benchmarks

FHA averages
Typical Property Value$194,138
Average Down Payment13.0%
Average Interest Rate6.504%
Effective Tax Rate1.09%
Median Tax Paid$1,750/yr
Tax Growth (Historical)+0.7%
Based on 116 regional loans totaling $18,830,000 (HMDA database).
$
%

$25,238 down · $168,900 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$176 / month

$

Annual premium

$

Per month

%

$72 / month

Estimated Monthly Payment

$1,484/mo

  • Principal & Interest$1,086
  • Property Tax$176
  • Home Insurance$150
  • FHA MIP$72
Amortization · Remaining Balance

Financed Loan Amount

$171,856

Total Interest

$219,193

Total of Payments

$391,048

*Includes financed FHA Upfront MIP of $2,956

Local Market Insights

Defiance County FHA Mortgage Overview

For Defiance County homebuyers using an FHA loan, the 13.04% average down payment on a $194,138 property requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—a key consideration when using an FHA loan calculator with PMI and taxes in Defiance County, OH. With a high 86.96% Loan-to-Value ratio and 100% owner-occupancy, this data reflects standard buyers prioritizing accessibility over equity buildup. The 1.09% effective property tax rate, adjusted upward by 0.7% for inflation, adds roughly $224 annually to monthly costs. Understanding Defiance County FHA loan limits and tax calculator inputs is critical, as lower down payments keep entry affordable but lock in permanent MIP—ideal for those with sub-620 credit scores.

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.