Cameron County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Cameron 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

Cameron County, PA Benchmarks

FHA averages

Typical Property Value$119,444

Average Down Payment16.4%

Average Interest Rate6.350%

Effective Tax Rate1.31%

Home Price

Down Payment

$19,589 down · $99,855 financed

Estimated Monthly Payment

$955/mo

Principal & Interest$632
Property Tax$130
Home Insurance$150
FHA MIP$42

Amortization · Remaining Balance

Financed Loan Amount

$101,603

Total Interest

$125,992

Total of Payments

$227,595

*Includes financed FHA Upfront MIP of $1,747

Local Market Insights

Cameron County FHA Mortgage Overview

In Cameron County, the 16.44% average down payment on an FHA loan provides accessible entry, but note that Mortgage Insurance Premiums (MIP) is required for the loan's life, regardless of equity. With an 83.56% Loan-to-Value ratio and 100% owner-occupied homes, this market suits buyers with sub-620 credit scores. The 1.31% effective property tax rate, combined with a -6.7% inflation-adjusted tax decrease, improves true monthly affordability. For an FHA loan with PMI and taxes in Cameron County, PA, these figures help you assess overall costs, while local FHA loan limits ensure you stay within qualifying boundaries.

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.