Pendleton County FHA Loan Calculator

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

Loan Details

US County (Smart Autofill)

Loan Type

Pendleton County, WV Benchmarks

FHA averages

Typical Property Value$266,429

Average Down Payment18.9%

Average Interest Rate6.477%

Effective Tax Rate0.32%

Median Tax Paid$633/yr

Tax Growth (Historical)+1.8%

Based on 21 regional loans totaling $4,395,000 (HMDA database).

Home Price

Down Payment

$50,355 down · $216,074 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

$71 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$92 / month

Estimated Monthly Payment

$1,699/mo

Principal & Interest$1,387
Property Tax$71
Home Insurance$150
FHA MIP$92

Amortization · Remaining Balance

Financed Loan Amount

$219,855

Total Interest

$279,373

Total of Payments

$499,228

*Includes financed FHA Upfront MIP of $3,781

Local Market Insights

Pendleton County FHA Mortgage Overview

In Pendleton County, the 18.92% average down payment on FHA loans provides accessible entry, but note that FHA Mortgage Insurance Premiums (MIP) are required for the life of the loan regardless of this equity level, ideal for buyers with sub-620 credit scores. The 81.08% median loan-to-value ratio confirms this is owner-occupied risk. With an effective property tax rate of just 0.32% and a modest 1.8% inflation-adjusted increase, monthly affordability remains strong, especially when using an FHA loan calculator with PMI and taxes in Pendleton County, WV.

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.