Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Virginia>Greene County (FHA)

Greene County FHA Loan Calculator

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

Loan Details

Greene County, VA Benchmarks

FHA averages
Typical Property Value$395,962
Average Down Payment10.3%
Average Interest Rate6.154%
Effective Tax Rate0.61%
Median Tax Paid$2,086/yr
Tax Growth (Historical)+0.7%
Based on 104 regional loans totaling $36,140,000 (HMDA database).
$
%

$40,784 down · $355,178 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$201 / month

$

Annual premium

$

Per month

%

$151 / month

Estimated Monthly Payment

$2,704/mo

  • Principal & Interest$2,202
  • Property Tax$201
  • Home Insurance$150
  • FHA MIP$151
Amortization · Remaining Balance

Financed Loan Amount

$361,394

Total Interest

$431,222

Total of Payments

$792,616

*Includes financed FHA Upfront MIP of $6,216

Local Market Insights

Greene County FHA Mortgage Overview

Greene County’s FHA market shows an accessible entry point with a 10.29% down payment on a $395,962 average property. This lower barrier is ideal for buyers with sub-620 credit, but note that mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life due to the 89.71% LTV ratio. The effective 0.61% property tax rate, adjusted upward by 0.7% for inflation, adds a manageable $201 monthly to true affordability. All data reflects owner-occupied purchases, not investments. For a full picture of FHA loan limits and PMI with taxes in Greene County, VA, these trends confirm strong local demand.

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.