Peñuelas Municipio FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Peñuelas Municipio, PR Benchmarks

FHA averages

Typical Property Value$158,478

Average Down Payment10.1%

Average Interest Rate5.819%

Effective Tax Rate%

Median Tax PaidN/A

Tax Growth (Historical)%

Based on 23 regional loans totaling $2,545,000 (HMDA database).

Home Price

Down Payment

$16,006 down · $142,472 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

$145 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$60 / month

Estimated Monthly Payment

$1,208/mo

Principal & Interest$852
Property Tax$145
Home Insurance$150
FHA MIP$60

Amortization · Remaining Balance

Financed Loan Amount

$144,965

Total Interest

$161,911

Total of Payments

$306,876

*Includes financed FHA Upfront MIP of $2,493

Local Market Insights

Peñuelas Municipio FHA Mortgage Overview

In Peñuelas Municipio, the typical FHA buyer puts 10.09% down on a $158,478 home, requiring a 5.819% rate. This low entry point is accessible, but the 89.91% LTV means mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life—ideal for sub-620 credit scores. With no effective property tax rate reported, monthly affordability hinges solely on principal, interest, and MIP. This data reflects 100% owner-occupied purchases, confirming a stable, local housing market for primary residences. Buyers should factor in permanent MIP costs when evaluating an FHA mortgage with taxes in Peñuelas Municipio.

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.