Harrison County FHA Loan Calculator

For Harrison County homebuyers utilizing an FHA loan, the 10.52% average down payment and 89.48% Loan-to-Value (LTV) ratio provide accessible entry, but require mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, even with this significant down payment. The 0.56% effective property tax rate, with a recent 1.0% inflation-adjusted increase, adds a modest but steady cost to monthly affordability when using an FHA loan down payment tool in Harrison County, West Virginia. While the FHA loan limits and tax parameters support lower upfront costs, the mandatory MIP makes this ideal for buyers with sub-620 credit scores seeking a primary residence, as all 100% of these loans are for owner-occupied homes.