Titus County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Titus County, TX Benchmarks

FHA averages

Typical Property Value$259,444

Average Down Payment5.8%

Average Interest Rate6.442%

Effective Tax Rate1.10%

Median Tax Paid$2,096/yr

Tax Growth (Historical)+7.2%

Based on 72 regional loans totaling $17,480,000 (HMDA database).

Home Price

Down Payment

$15,048 down · $244,396 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

$238 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$104 / month

Estimated Monthly Payment

$2,053/mo

Principal & Interest$1,562
Property Tax$238
Home Insurance$150
FHA MIP$104

Amortization · Remaining Balance

Financed Loan Amount

$248,673

Total Interest

$313,641

Total of Payments

$562,314

*Includes financed FHA Upfront MIP of $4,277

Local Market Insights

Titus County FHA Mortgage Overview

In Titus County, the 5.76% average down payment on FHA loans provides accessible entry, but requires mandatory Mortgage Insurance Premiums (MIP) for the life of the loan—ideal for buyers with sub-620 credit scores. With a 94.24% LTV ratio and 100% owner-occupancy, this market favors low-cash buyers. The 1.10% effective property tax rate, combined with a 7.2% inflation-adjusted tax increase, significantly impacts monthly affordability. When evaluating a Titus County FHA loan with PMI and taxes, or considering Titus County FHA loan limits, remember that these tax shifts raise true monthly costs beyond the base payment.

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.