Mortgage Data Labs

Programmatic SEO Local County Calculator

Calculator>Texas>Gillespie County (FHA)

Gillespie County FHA Loan Calculator

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

Loan Details
Your credit score determines your risk profile. A higher score lowers your interest rate and conventional PMI costs.

Representative Score: 780 (Excellent (Prime)) · FHA uses credit-agnostic pricing

Gillespie County, TX Benchmarks

FHA averages
Typical Property Value$329,675
Average Down Payment4.4%
Average Interest Rate5.213%
Effective Tax Rate0.83%
$
%

$14,506 down · $315,169 financed

Estimated Monthly Payment

$2,288/mo

  • Principal & Interest$1,763
  • Property Tax$228
  • Home Insurance$150
  • FHA MIP$147
Amortization · Remaining Balance

Financed Loan Amount

$320,685

Total Interest

$313,958

Total of Payments

$634,643

*Includes financed FHA Upfront MIP of $5,515

Local Market Insights

Gillespie County FHA Mortgage Overview

Gillespie County’s FHA market reveals accessible entry via a 4.38% down payment on a $329,675 average property, ideal for buyers with sub-620 credit. However, the 95.62% LTV ratio triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life. The 0.83% effective tax rate, with a recent -1.0% inflation-adjusted decrease, slightly lowers monthly costs. For those exploring an FHA loan with PMI and taxes in Gillespie County, TX, or assessing down payment options, this data confirms primary-occupancy purchases dominate, ensuring stable tax impacts for owner-buyers.

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.