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Delta County FHA Loan Calculator

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

Loan Details

Delta County, TX Benchmarks

FHA averages
Typical Property Value$231,818
Average Down Payment4.3%
Average Interest Rate6.643%
Effective Tax Rate1.16%
Median Tax Paid$1,563/yr
Tax Growth (Historical)+4.1%
Based on 22 regional loans totaling $4,830,000 (HMDA database).
$
%

$9,968 down · $221,850 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$224 / month

$

Annual premium

$

Per month

%

$103 / month

Estimated Monthly Payment

$1,925/mo

  • Principal & Interest$1,448
  • Property Tax$224
  • Home Insurance$150
  • FHA MIP$103
Amortization · Remaining Balance

Financed Loan Amount

$225,732

Total Interest

$295,414

Total of Payments

$521,146

*Includes financed FHA Upfront MIP of $3,882

Local Market Insights

Delta County FHA Mortgage Overview

Delta County’s FHA market is defined by accessible entry and long-term cost considerations. The 4.32% down payment, paired with a 95.68% LTV, makes homeownership achievable, but mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life—ideal for buyers with sub-620 credit. With a 1.16% effective tax rate and a 4.1% inflation-adjusted increase, monthly affordability tightens. For a $231,818 property, the FHA down payment in Delta County, Texas, is around $10,000, but remember that FHA loan limits and property taxes directly shape your true payment. All 100% of buyers are owner-occupants, reinforcing this as a stable, primary-residence 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.