Gallia County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Gallia County, OH Benchmarks

FHA averages

Typical Property Value$188,826

Average Down Payment11.4%

Average Interest Rate6.610%

Effective Tax Rate0.93%

Median Tax Paid$1,418/yr

Tax Growth (Historical)+1.8%

Based on 116 regional loans totaling $18,800,000 (HMDA database).

Home Price

Down Payment

$21,526 down · $167,300 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

$146 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$71 / month

Estimated Monthly Payment

$1,456/mo

Principal & Interest$1,088
Property Tax$146
Home Insurance$150
FHA MIP$71

Amortization · Remaining Balance

Financed Loan Amount

$170,228

Total Interest

$221,560

Total of Payments

$391,787

*Includes financed FHA Upfront MIP of $2,928

Local Market Insights

Gallia County FHA Mortgage Overview

Gallia County FHA buyers benefit from the 11.38% down payment, which lowers upfront costs but triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for those with sub-620 credit. The 88.62% loan-to-value ratio confirms limited equity. With a 0.93% effective tax rate and a 1.8% inflation-adjusted increase, monthly affordability tightens. When using an FHA loan calculator with PMI and taxes in Gallia County, OH, or assessing Gallia County FHA loan limits and tax calculator tools, factor in this permanent MIP and rising tax burden for true cost analysis.

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.