Limestone County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Limestone County, TX Benchmarks

FHA averages

Typical Property Value$238,333

Average Down Payment6.4%

Average Interest Rate6.336%

Effective Tax Rate0.94%

Median Tax Paid$1,953/yr

Tax Growth (Historical)+3.4%

Based on 54 regional loans totaling $11,920,000 (HMDA database).

Home Price

Down Payment

$15,253 down · $223,080 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

$187 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$95 / month

Estimated Monthly Payment

$1,842/mo

Principal & Interest$1,411
Property Tax$187
Home Insurance$150
FHA MIP$95

Amortization · Remaining Balance

Financed Loan Amount

$226,984

Total Interest

$280,937

Total of Payments

$507,921

*Includes financed FHA Upfront MIP of $3,904

Local Market Insights

Limestone County FHA Mortgage Overview

Limestone County FHA buyers benefit from a low 6.44% down payment, providing accessible entry with a 93.56% LTV. However, this FHA loan requires mandatory Mortgage Insurance Premiums (MIP) for the loan's life, regardless of equity build, making it ideal for those with sub-620 credit. The 0.94% effective property tax rate, with a 3.4% inflation-adjusted increase, adds a predictable monthly cost. For precise monthly estimates including PMI and taxes in Limestone County, TX, consult your lender. This data reflects 100% owner-occupied 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.