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Humphreys County FHA Loan Calculator

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

Loan Details

Humphreys County, TN Benchmarks

FHA averages
Typical Property Value$277,920
Average Down Payment11.5%
Average Interest Rate6.338%
Effective Tax Rate0.41%
Median Tax Paid$921/yr
Tax Growth (Historical)-0.2%
Based on 137 regional loans totaling $32,675,000 (HMDA database).
$
%

$31,961 down · $245,959 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$95 / month

$

Annual premium

$

Per month

%

$104 / month

Estimated Monthly Payment

$1,905/mo

  • Principal & Interest$1,556
  • Property Tax$95
  • Home Insurance$150
  • FHA MIP$104
Amortization · Remaining Balance

Financed Loan Amount

$250,263

Total Interest

$309,750

Total of Payments

$560,014

*Includes financed FHA Upfront MIP of $4,304

Local Market Insights

Humphreys County FHA Mortgage Overview

For Humphreys County homebuyers using FHA loans, the 11.51% down payment offers accessible entry, but the 88.49% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, regardless of equity. This is ideal for those with sub-620 credit scores. The 0.41% effective property tax rate, with a -0.2% inflation-adjusted shift, slightly reduces monthly costs. When evaluating an FHA loan with PMI and taxes in Humphreys County, TN, remember the low tax burden offsets the permanent MIP. For Humphreys County FHA loan limits and tax considerations, the average property value of $277,919.71 and 6.338% rate reflect a stable, owner-occupied market.

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.