Jefferson County, KY Mortgage Calculator
Estimate your monthly mortgage payment in Jefferson County with local property tax rates, homeowners insurance, and 2026 FHA and conforming loan limits.
Local Home Values & Affordability
A 20% down payment on a median Jefferson County home requires $46,000 in cash — or $8,050 for an FHA-minimum 3.5% down payment. Buyers with less than 20% down will also need to budget for PMI or FHA MIP.
Jefferson County's median home value of $230,000 is close to the national median of $310,000, putting most buyers in the conforming loan range with conventional or FHA options readily available.
Property Tax in This Market
Based on the 0.91% effective rate and a median home value of $230,000, a typical homeowner in Jefferson County pays approximately $2,093 in annual property taxes — or $174 per month added to their mortgage payment.
Jefferson County's property tax rate of 0.91% is close to the national average of 1.10%. On a median-priced home of $230,000, expect an annual tax bill of approximately $2,093.
Sources: Tax Foundation 2025
Homeowners Insurance Costs
Homeowners insurance in Jefferson County runs approximately $1,400/year ($117/month), in line with the national average of $1,600.
Premium quotes in Jefferson County typically range from $950 to $2,100 per year depending on home age, construction type, coverage limits, and your insurer. Always get multiple quotes.
Sources: NAIC 2024
Loan Limits & Financing Options
A buyer purchasing the median Jefferson County home ($230,000) with FHA's minimum 3.5% down would borrow $221,950 — well within the $541,287 baseline FHA limit for this county. FHA financing is a viable option for most buyers here.
With 20% down on a median-priced home, the loan amount of $184,000 stays $648,750 below the $832,750 conforming limit — giving buyers access to conventional Fannie/Freddie pricing without jumbo underwriting.
All FHA loans require an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus an annual MIP of 0.55%–0.75% of the loan balance paid monthly. On a $221,950 FHA loan, expect approximately $102/month in ongoing MIP — added to principal, interest, taxes, and insurance.
Sources: HUD ML 2025-23, FHFA 2026, HUD MIP Rates 2023
Extra Monthly Payment
Estimated Monthly Payment
$1,509
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
Loan Amount: $184,000
LTV: 0.01%
P&I Payment
$1,218
Total Interest
$254,474
over loan life
Payoff
30 yr
Closing Costs
$3,597–$6,714
est. range
Monthly Payment Breakdown
2026 Loan Limit Context
FHA Limit
$541,287
Conforming Limit
$832,750
Amortization Schedule
| Mo. | Payment | Principal | Interest | Balance | Total Interest |
|---|---|---|---|---|---|
| 1 | $1,218 | $152 | $1,066 | $183,848 | $1,066 |
| 2 | $1,218 | $153 | $1,065 | $183,694 | $2,130 |
| 3 | $1,218 | $154 | $1,064 | $183,540 | $3,194 |
| 4 | $1,218 | $155 | $1,063 | $183,385 | $4,257 |
| 5 | $1,218 | $156 | $1,062 | $183,230 | $5,319 |
| 6 | $1,218 | $157 | $1,061 | $183,073 | $6,381 |
| 7 | $1,218 | $158 | $1,060 | $182,915 | $7,441 |
| 8 | $1,218 | $159 | $1,059 | $182,756 | $8,500 |
| 9 | $1,218 | $160 | $1,058 | $182,597 | $9,559 |
| 10 | $1,218 | $160 | $1,058 | $182,437 | $10,616 |
| 11 | $1,218 | $161 | $1,057 | $182,275 | $11,673 |
| 12 | $1,218 | $162 | $1,056 | $182,113 | $12,729 |
2026 Loan Limits — Jefferson County, KY
| Limit Type | 2026 Limit | Note |
|---|---|---|
| FHA Loan Limit (1-unit) | $524,225 | Max loan for FHA-insured mortgage |
| Conforming Loan Limit (1-unit) | $806,500 | Fannie Mae / Freddie Mac eligible |
Source: HUD / FHFA. Data as of 2025-01-15.
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