Isabela Municipio FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Isabela Municipio, Puerto Rico based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Isabela Municipio, PR Benchmarks

FHA averages

Typical Property Value$214,630

Average Down Payment5.4%

Average Interest Rate5.561%

Effective Tax Rate%

Median Tax PaidN/A

Tax Growth (Historical)%

Based on 54 regional loans totaling $10,330,000 (HMDA database).

Home Price

Down Payment

$11,590 down · $203,040 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

$197 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$86 / month

Estimated Monthly Payment

$1,614/mo

Principal & Interest$1,181
Property Tax$197
Home Insurance$150
FHA MIP$86

Amortization · Remaining Balance

Financed Loan Amount

$206,593

Total Interest

$218,496

Total of Payments

$425,089

*Includes financed FHA Upfront MIP of $3,553

Local Market Insights

Isabela Municipio FHA Mortgage Overview

In Isabela Municipio, the 5.41% weighted average down payment for FHA loans provides accessible entry for owner-occupants, especially those with credit scores below 620. However, with a 94.59% LTV ratio, mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan, increasing monthly costs. The average property value of $214,629.63 and a 5.561% interest rate mean that when evaluating an FHA loan with PMI and taxes in Isabela Municipio, PR, the effective property tax rate is N/A%, though no inflation-adjusted shift currently impacts affordability. This data confirms all buyers are purchasing primary residences, reinforcing the market's focus on standard homeownership rather than investment.

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.