Bowie County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Bowie County, TX Benchmarks

FHA averages

Typical Property Value$227,043

Average Down Payment5.8%

Average Interest Rate6.511%

Effective Tax Rate1.17%

Median Tax Paid$2,037/yr

Tax Growth (Historical)-5.5%

Based on 230 regional loans totaling $49,110,000 (HMDA database).

Home Price

Down Payment

$13,168 down · $213,875 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

$221 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$91 / month

Estimated Monthly Payment

$1,839/mo

Principal & Interest$1,377
Property Tax$221
Home Insurance$150
FHA MIP$91

Amortization · Remaining Balance

Financed Loan Amount

$217,617

Total Interest

$278,074

Total of Payments

$495,692

*Includes financed FHA Upfront MIP of $3,743

Local Market Insights

Bowie County FHA Mortgage Overview

Bowie County’s FHA market shows a low 5.84% down payment and a 94.16% LTV, making homeownership accessible. This entry point requires mandatory MIP for the loan’s life, ideal for those with sub-620 credit. The 1.17% property tax rate, with a recent -5.5% inflation-adjusted decrease, lowers monthly costs. For Bowie County FHA loan down payment and property tax assessments, this data confirms strong owner-occupancy (100%) and a stable affordability profile for primary residences.

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.