Hartley County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Hartley County, TX Benchmarks

FHA averages

Typical Property Value$254,615

Average Down Payment3.6%

Average Interest Rate6.364%

Effective Tax Rate1.08%

Median Tax Paid$2,645/yr

Tax Growth (Historical)-1.5%

Based on 26 regional loans totaling $6,430,000 (HMDA database).

Home Price

Down Payment

$9,166 down · $245,449 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

$229 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$114 / month

Estimated Monthly Payment

$2,049/mo

Principal & Interest$1,556
Property Tax$229
Home Insurance$150
FHA MIP$114

Amortization · Remaining Balance

Financed Loan Amount

$249,744

Total Interest

$310,282

Total of Payments

$560,027

*Includes financed FHA Upfront MIP of $4,295

Local Market Insights

Hartley County FHA Mortgage Overview

Hartley County's FHA market offers accessible entry with a 3.57% down payment on a $254,615 average property, ideal for buyers with sub-620 credit. However, the 96.43% LTV ratio mandates Mortgage Insurance Premiums (MIP) for the loan's life, a permanent cost. The 1.08% effective property tax rate, recently reduced by -1.5% inflation-adjusted, eases monthly affordability slightly. For those exploring an FHA loan with PMI and taxes in Hartley County, TX, this low down payment structure lowers upfront barriers but requires long-term MIP planning. All data reflects 100% primary residence 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.