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Henderson County FHA Loan Calculator

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

Loan Details

Henderson County, TX Benchmarks

FHA averages
Typical Property Value$251,555
Average Down Payment5.1%
Average Interest Rate6.480%
Effective Tax Rate0.98%
Median Tax Paid$1,991/yr
Tax Growth (Historical)+3.9%
Based on 300 regional loans totaling $71,330,000 (HMDA database).
$
%

$12,829 down · $238,726 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$205 / month

$

Annual premium

$

Per month

%

$101 / month

Estimated Monthly Payment

$1,989/mo

  • Principal & Interest$1,532
  • Property Tax$205
  • Home Insurance$150
  • FHA MIP$101
Amortization · Remaining Balance

Financed Loan Amount

$242,903

Total Interest

$308,660

Total of Payments

$551,564

*Includes financed FHA Upfront MIP of $4,178

Local Market Insights

Henderson County FHA Mortgage Overview

For Henderson County homebuyers, the 5.11% FHA down payment on a $251,555 home provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life due to the 94.89% LTV ratio. This data reflects standard owner-occupied purchases. The 0.98% effective property tax rate, adjusted upward by 3.9% for inflation, adds a significant monthly cost. When using an FHA loan calculator with PMI and taxes in Henderson County, TX, the combined tax and MIP burden must be factored into true affordability. FHA loan limits here support this entry point, but buyers should note MIP is permanent regardless of equity.

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.