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Kershaw County FHA Loan Calculator

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

Loan Details

Kershaw County, SC Benchmarks

FHA averages
Typical Property Value$264,932
Average Down Payment9.9%
Average Interest Rate6.163%
Effective Tax Rate0.51%
Median Tax Paid$1,013/yr
Tax Growth (Historical)+4.9%
Based on 445 regional loans totaling $103,815,000 (HMDA database).
$
%

$26,228 down · $238,704 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$113 / month

$

Annual premium

$

Per month

%

$101 / month

Estimated Monthly Payment

$1,845/mo

  • Principal & Interest$1,481
  • Property Tax$113
  • Home Insurance$150
  • FHA MIP$101
Amortization · Remaining Balance

Financed Loan Amount

$242,881

Total Interest

$290,377

Total of Payments

$533,258

*Includes financed FHA Upfront MIP of $4,177

Local Market Insights

Kershaw County FHA Mortgage Overview

In Kershaw County, the 9.89% average down payment on FHA loans provides accessible entry for buyers, though mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan due to the 90.11% Loan-to-Value ratio. This data, reflecting 100% owner-occupied purchases, is ideal for those with sub-620 credit scores. The effective property tax rate of 0.51% is low, but the recent 4.9% inflation-adjusted tax increase will modestly impact monthly affordability. When evaluating a Kershaw County FHA mortgage with property taxes, the low tax rate partially offsets the permanent MIP cost, making this a stable market for primary residence buyers.

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.