Mortgage Data Labs

Programmatic SEO Local County Calculator

Calculator>Texas>Irion County (FHA)

Irion County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Irion 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

Irion County, TX Benchmarks

FHA averages
Typical Property Value$270,000
Average Down Payment5.8%
Average Interest Rate6.600%
Effective Tax Rate1.17%
$
%

$15,660 down · $254,340 financed

Estimated Monthly Payment

$2,174/mo

  • Principal & Interest$1,653
  • Property Tax$263
  • Home Insurance$150
  • FHA MIP$108
Amortization · Remaining Balance

Financed Loan Amount

$258,791

Total Interest

$336,214

Total of Payments

$595,005

*Includes financed FHA Upfront MIP of $4,451

Local Market Insights

Irion County FHA Mortgage Overview

In Irion County, the 5.77% average down payment on FHA loans unlocks accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the loan’s life given the 94.23% LTV. This data reflects 100% owner-occupied purchases, not investments. With a 1.17% effective property tax rate and a recent -5.1% inflation-adjusted tax reduction, monthly affordability improves slightly. When evaluating an FHA loan with PMI and taxes in Irion County, TX, the low down payment is ideal for buyers with sub-620 credit scores, though the interest rate at 6.600% and permanent MIP raise total costs. Understanding Irion County FHA loan limits and tax impacts is crucial for budgeting.

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.