Caldwell County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Caldwell County, TX Benchmarks

FHA averages

Typical Property Value$298,837

Average Down Payment4.1%

Average Interest Rate5.142%

Effective Tax Rate1.05%

Median Tax Paid$3,235/yr

Tax Growth (Historical)+9.3%

Based on 344 regional loans totaling $99,190,000 (HMDA database).

Home Price

Down Payment

$12,252 down · $286,585 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

$261 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$134 / month

Estimated Monthly Payment

$2,136/mo

Principal & Interest$1,590
Property Tax$261
Home Insurance$150
FHA MIP$134

Amortization · Remaining Balance

Financed Loan Amount

$291,600

Total Interest

$280,950

Total of Payments

$572,550

*Includes financed FHA Upfront MIP of $5,015

Local Market Insights

Caldwell County FHA Mortgage Overview

For Caldwell County homebuyers, the 4.07% weighted average down payment on an FHA loan provides accessible entry, especially for those with sub-620 credit scores. However, with a 95.93% loan-to-value ratio, mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life. The effective property tax rate of 1.05% and a recent inflation-adjusted increase of 9.3% significantly impact monthly affordability, making it crucial to factor in both FHA loan limits and property taxes when assessing total costs. This data reflects 100% owner-occupied purchases, not investments.

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.