Blount County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Blount County, TN Benchmarks

FHA averages

Typical Property Value$359,610

Average Down Payment13.2%

Average Interest Rate6.237%

Effective Tax Rate0.48%

Median Tax Paid$1,453/yr

Tax Growth (Historical)+1.6%

Based on 705 regional loans totaling $212,065,000 (HMDA database).

Home Price

Down Payment

$47,469 down · $312,141 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

$144 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$132 / month

Estimated Monthly Payment

$2,380/mo

Principal & Interest$1,953
Property Tax$144
Home Insurance$150
FHA MIP$132

Amortization · Remaining Balance

Financed Loan Amount

$317,604

Total Interest

$385,648

Total of Payments

$703,252

*Includes financed FHA Upfront MIP of $5,462

Local Market Insights

Blount County FHA Mortgage Overview

Blount County homebuyers using FHA loans are putting down a weighted average of 13.19%, which is well above the 3.5% minimum. This provides accessible entry while requiring mandatory Mortgage Insurance Premiums (MIP) for the life of the loan, regardless of the 86.81% loan-to-value ratio. For those exploring an FHA loan with PMI and taxes in Blount County, TN, the effective property tax rate of 0.48% is low, but the 1.6% inflation-adjusted tax shift will increase true monthly affordability. With 100% owner-occupancy, this data reflects standard homebuyers, not investors. An FHA loan down payment in Blount County, Tennessee, paired with these taxes, offers a stable path for buyers with sub-620 credit scores.

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.