Kenosha County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Kenosha County, WI Benchmarks

FHA averages

Typical Property Value$299,778

Average Down Payment14.3%

Average Interest Rate6.391%

Effective Tax Rate1.42%

Median Tax Paid$4,179/yr

Tax Growth (Historical)-3.0%

Based on 427 regional loans totaling $106,285,000 (HMDA database).

Home Price

Down Payment

$42,868 down · $256,910 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

$355 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$109 / month

Estimated Monthly Payment

$2,247/mo

Principal & Interest$1,633
Property Tax$355
Home Insurance$150
FHA MIP$109

Amortization · Remaining Balance

Financed Loan Amount

$261,406

Total Interest

$326,617

Total of Payments

$588,023

*Includes financed FHA Upfront MIP of $4,496

Local Market Insights

Kenosha County FHA Mortgage Overview

In Kenosha County, the average FHA buyer puts 14.25% down on a $299,778 property, requiring mandatory Mortgage Insurance Premiums (MIP) for the loan’s life—ideal for buyers with sub-620 scores. The 85.75% loan-to-value ratio confirms this is owner-occupied, not investment. The 1.42% tax rate, with a recent -3.0% inflation-adjusted decrease, slightly improves monthly affordability. When evaluating an FHA loan with PMI and taxes in Kenosha County, WI, this lower tax burden offsets the permanent MIP cost, making entry more accessible despite the 6.391% 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.