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Moore County FHA Loan Calculator

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

Loan Details

Moore County, TX Benchmarks

FHA averages
Typical Property Value$220,289
Average Down Payment3.9%
Average Interest Rate6.537%
Effective Tax Rate1.35%
Median Tax Paid$1,985/yr
Tax Growth (Historical)-6.8%
Based on 121 regional loans totaling $25,425,000 (HMDA database).
$
%

$8,591 down · $211,698 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$248 / month

$

Annual premium

$

Per month

%

$99 / month

Estimated Monthly Payment

$1,864/mo

  • Principal & Interest$1,367
  • Property Tax$248
  • Home Insurance$150
  • FHA MIP$99
Amortization · Remaining Balance

Financed Loan Amount

$215,402

Total Interest

$276,776

Total of Payments

$492,178

*Includes financed FHA Upfront MIP of $3,705

Local Market Insights

Moore County FHA Mortgage Overview

In Moore County, the typical FHA homebuyer enters the market with a remarkably low 3.88% down payment on a $220,289 property. This accessible entry point, coupled with a 96.12% loan-to-value ratio, means mandatory Mortgage Insurance Premiums (MIP) are required for the life of the loan—a key factor for those seeking an FHA loan with PMI and taxes. The effective property tax rate of 1.35% is offset by a recent -6.8% inflation-adjusted tax shift, slightly improving monthly affordability. For buyers using an FHA mortgage calculator with property taxes, the 6.537% interest rate and permanent MIP define the true cost, making this market ideal for owner-occupants with sub-620 credit scores seeking stable, primary residence financing.

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.