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Wilson County FHA Loan Calculator

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

Wilson County, TX Benchmarks

FHA averages
Typical Property Value$302,590
Average Down Payment5.4%
Average Interest Rate5.728%
Effective Tax Rate1.20%
$
%

$16,340 down · $286,250 financed

Estimated Monthly Payment

$2,270/mo

  • Principal & Interest$1,696
  • Property Tax$303
  • Home Insurance$150
  • FHA MIP$121
Amortization · Remaining Balance

Financed Loan Amount

$291,260

Total Interest

$319,305

Total of Payments

$610,565

*Includes financed FHA Upfront MIP of $5,009

Local Market Insights

Wilson County FHA Mortgage Overview

Wilson County’s FHA market, with a 5.39% down payment and 94.61% LTV, offers accessible entry for buyers, especially those with sub-620 credit scores. However, this low down payment triggers mandatory Mortgage Insurance Premiums (MIP) for the life of the loan. The effective 1.20% property tax rate, coupled with a 2.3% inflation-adjusted increase, significantly impacts monthly affordability for an FHA loan with PMI and taxes in Wilson County, TX. All 100% of these loans are for owner-occupied primary residences, reinforcing a stable, low-risk local buyer profile. Understanding the Wilson County FHA loan limits and tax implications is crucial for accurate 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.