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Lewis County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Lewis County, West Virginia 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

Lewis County, WV Benchmarks

FHA averages
Typical Property Value$197,157
Average Down Payment13.3%
Average Interest Rate6.495%
Effective Tax Rate0.42%
$
%

$26,222 down · $170,935 financed

Estimated Monthly Payment

$1,391/mo

  • Principal & Interest$1,099
  • Property Tax$69
  • Home Insurance$150
  • FHA MIP$72
Amortization · Remaining Balance

Financed Loan Amount

$173,926

Total Interest

$221,834

Total of Payments

$395,760

*Includes financed FHA Upfront MIP of $2,991

Local Market Insights

Lewis County FHA Mortgage Overview

In Lewis County, the 13.35% average down payment on an FHA loan provides accessible entry, but note mandatory Mortgage Insurance Premiums (MIP) are required for the loan’s life due to the 86.65% LTV ratio. This FHA loan with PMI and taxes in Lewis County, WV, is ideal for owner-occupants with sub-620 credit. The 0.42% effective property tax rate is low, yet the 5.0% inflation-adjusted tax change will modestly raise monthly costs. For an FHA loan down payment analysis in Lewis County, West Virginia, these factors shape true affordability. Consider Lewis County FHA loan limits and property taxes when evaluating your budget.

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.