Marion County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Marion County, OR Benchmarks

FHA averages

Typical Property Value$426,353

Average Down Payment8.5%

Average Interest Rate6.105%

Effective Tax Rate0.83%

Median Tax Paid$3,490/yr

Tax Growth (Historical)+0.1%

Based on 1,293 regional loans totaling $494,265,000 (HMDA database).

Home Price

Down Payment

$36,240 down · $390,113 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

$295 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$165 / month

Estimated Monthly Payment

$3,018/mo

Principal & Interest$2,408
Property Tax$295
Home Insurance$150
FHA MIP$165

Amortization · Remaining Balance

Financed Loan Amount

$396,940

Total Interest

$469,940

Total of Payments

$866,880

*Includes financed FHA Upfront MIP of $6,827

Local Market Insights

Marion County FHA Mortgage Overview

Marion County’s FHA market shows accessible entry with an 8.47% down payment on a $426,353 property, but the 91.53% LTV confirms MIP is required for the loan’s life. This structure suits buyers with sub-620 credit seeking an FHA mortgage calculator with PMI and taxes in Marion County, OR, though the 0.83% tax rate and 0.1% inflation-adjusted increase add $35 monthly to true affordability. All loans reflect owner-occupied primary residences, not investments.

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.