Wyandot County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Wyandot County, OH Benchmarks

FHA averages

Typical Property Value$191,176

Average Down Payment15.0%

Average Interest Rate6.605%

Effective Tax Rate0.85%

Median Tax Paid$1,410/yr

Tax Growth (Historical)-3.5%

Based on 68 regional loans totaling $10,490,000 (HMDA database).

Home Price

Down Payment

$28,676 down · $162,500 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

$135 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$69 / month

Estimated Monthly Payment

$1,411/mo

Principal & Interest$1,057
Property Tax$135
Home Insurance$150
FHA MIP$69

Amortization · Remaining Balance

Financed Loan Amount

$165,343

Total Interest

$215,203

Total of Payments

$380,546

*Includes financed FHA Upfront MIP of $2,844

Local Market Insights

Wyandot County FHA Mortgage Overview

For Wyandot County homebuyers exploring FHA financing, the 15.00% down payment on an average $191,176 property provides accessible entry, but you must budget for Mortgage Insurance Premiums (MIP) for the loan’s full term. The 85.00% loan-to-value ratio confirms this, as MIP is required regardless of equity. The 0.85% effective property tax rate, combined with a recent -3.5% inflation-adjusted reduction, slightly lowers monthly carrying costs. When using an FHA loan calculator with PMI and taxes in Wyandot County, OH, or an FHA loan down payment calculator in Wyandot County, Ohio, remember that these tax savings partially offset the permanent MIP. This data reflects 100% owner-occupied primary residences, not investment properties.

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.