Preble County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Preble County, OH Benchmarks

FHA averages

Typical Property Value$239,862

Average Down Payment15.0%

Average Interest Rate6.425%

Effective Tax Rate0.98%

Median Tax Paid$1,883/yr

Tax Growth (Historical)-0.8%

Based on 218 regional loans totaling $42,670,000 (HMDA database).

Home Price

Down Payment

$35,979 down · $203,883 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

$196 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$86 / month

Estimated Monthly Payment

$1,733/mo

Principal & Interest$1,300
Property Tax$196
Home Insurance$150
FHA MIP$86

Amortization · Remaining Balance

Financed Loan Amount

$207,451

Total Interest

$260,670

Total of Payments

$468,120

*Includes financed FHA Upfront MIP of $3,568

Local Market Insights

Preble County FHA Mortgage Overview

In Preble County, the 14.98% average down payment on an FHA loan provides accessible entry for owner-occupants, but mandates MIP for the loan’s life—ideal for buyers with sub-620 credit. With an 85.02% LTV ratio, this risk profile suits those seeking an FHA loan with PMI and taxes in Preble County, OH. The 0.98% effective tax rate and recent -0.8% inflation-adjusted shift slightly lower true monthly affordability, beneficial when evaluating FHA loan limits and tax impacts. For an FHA down payment analysis in Preble County, Ohio, this data shows stable, primary-residence buying.

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.