Bedford County FHA Loan Calculator

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

Loan Details

Baseline

Rates

Taxes & Ins.

DTI

US County (Smart Autofill)

Loan Type

Credit Score (FICO)

Your credit score determines your risk profile. A higher score lowers your interest rate and conventional PMI costs.

Representative Score: 780 (Excellent (Prime)) · FHA uses credit-agnostic pricing

Bedford County, PA Benchmarks

FHA averages

Typical Property Value$215,534

Average Down Payment12.7%

Average Interest Rate6.418%

Effective Tax Rate0.79%

Home Price

Down Payment

$27,373 down · $188,161 financed

Estimated Monthly Payment

$1,572/mo

Principal & Interest$1,200
Property Tax$142
Home Insurance$150
FHA MIP$80

Amortization · Remaining Balance

Financed Loan Amount

$191,454

Total Interest

$240,569

Total of Payments

$432,023

*Includes financed FHA Upfront MIP of $3,293

Local Market Insights

Bedford County FHA Mortgage Overview

For Bedford County homebuyers, the 12.65% average down payment on an FHA loan provides accessible entry into the market, though mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life. With a median Loan-to-Value (LTV) of 87.35%, this FHA structure is ideal for those with sub-620 credit scores seeking owner-occupied properties. The 0.79% effective tax rate, combined with a -0.2% inflation-adjusted decrease, offers stable monthly affordability. When evaluating an FHA loan with PMI and taxes in Bedford County, PA, or reviewing Bedford County FHA loan limits and tax considerations, this data confirms a low-risk, cost-effective market for primary residences.

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.