King George County FHA Loan Calculator

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

Loan Details

Baseline

Rates

Taxes & Ins.

DTI

US County (Smart Autofill)

Loan Type

Credit Score (FICO)

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

King George County, VA Benchmarks

FHA averages

Typical Property Value$414,730

Average Down Payment11.1%

Average Interest Rate6.174%

Effective Tax Rate0.55%

Home Price

Down Payment

$46,035 down · $368,695 financed

Estimated Monthly Payment

$2,787/mo

Principal & Interest$2,290
Property Tax$190
Home Insurance$150
FHA MIP$156

Amortization · Remaining Balance

Financed Loan Amount

$375,147

Total Interest

$449,383

Total of Payments

$824,530

*Includes financed FHA Upfront MIP of $6,452

Local Market Insights

King George County FHA Mortgage Overview

King George County FHA buyers benefit from an accessible 11.13% down payment on a $414,730 average property, though this triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for those with sub-620 credit. The 88.87% LTV ratio confirms minimal equity, so MIP cannot be canceled. A 0.55% effective tax rate, adjusted down 1.6% for inflation, slightly lowers true monthly costs. For an FHA loan with PMI and taxes in King George County, VA, this data shows strong primary occupancy (100%) and stable affordability despite the 6.174% interest rate.

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.