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Stephens County FHA Loan Calculator

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

Loan Details

Stephens County, TX Benchmarks

FHA averages
Typical Property Value$210,385
Average Down Payment4.3%
Average Interest Rate6.608%
Effective Tax Rate1.14%
Median Tax Paid$1,633/yr
Tax Growth (Historical)-11.0%
Based on 13 regional loans totaling $2,645,000 (HMDA database).
$
%

$9,047 down · $201,338 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$200 / month

$

Annual premium

$

Per month

%

$94 / month

Estimated Monthly Payment

$1,753/mo

  • Principal & Interest$1,310
  • Property Tax$200
  • Home Insurance$150
  • FHA MIP$94
Amortization · Remaining Balance

Financed Loan Amount

$204,862

Total Interest

$266,638

Total of Payments

$471,500

*Includes financed FHA Upfront MIP of $3,523

Local Market Insights

Stephens County FHA Mortgage Overview

Stephens County's FHA market reveals a deeply accessible entry point for owner-occupants. The 4.28% weighted down payment, paired with a 95.72% LTV, confirms that buyers are utilizing FHA's low down payment advantage. However, this MIP is required for the life of the loan, making it a permanent cost, ideal for those with sub-620 credit. The effective property tax rate of 1.14% is notable, but the recent -11.0% inflation-adjusted tax change provides meaningful monthly relief, improving true affordability for this primary residence market.

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.