Shelby County, TN Mortgage Calculator
Estimate your monthly mortgage payment in Shelby County with local property tax rates, homeowners insurance, and 2025 FHA and conforming loan limits.
Extra Monthly Payment
$
Estimated Monthly Payment
$1,245
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
FHA Eligible
Loan Amount: $140,000
LTV: 0.01%
P&I Payment
$927
Total Interest
$193,622
over loan life
Payoff
30 yr
Closing Costs
$3,325–$6,206
est. range
Monthly Payment Breakdown
2025 Loan Limit Context
FHA Limit
$524,225
Conforming Limit
$806,500
Amortization Schedule
| Mo. | Payment | Principal | Interest | Balance | Total Interest |
|---|---|---|---|---|---|
| 1 | $927 | $116 | $811 | $139,884 | $811 |
| 2 | $927 | $117 | $810 | $139,768 | $1,621 |
| 3 | $927 | $117 | $809 | $139,650 | $2,430 |
| 4 | $927 | $118 | $809 | $139,532 | $3,239 |
| 5 | $927 | $119 | $808 | $139,414 | $4,047 |
| 6 | $927 | $119 | $807 | $139,294 | $4,855 |
| 7 | $927 | $120 | $807 | $139,175 | $5,662 |
| 8 | $927 | $121 | $806 | $139,054 | $6,468 |
| 9 | $927 | $121 | $805 | $138,932 | $7,273 |
| 10 | $927 | $122 | $805 | $138,810 | $8,078 |
| 11 | $927 | $123 | $804 | $138,688 | $8,882 |
| 12 | $927 | $123 | $803 | $138,564 | $9,685 |
Months 1–12 of 360
2025 Loan Limits — Shelby County, TN
| Limit Type | 2025 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.
FAQ — Shelby County Mortgage
What is the property tax rate in Shelby County?
The effective property tax rate in Shelby County is approximately 1.27%. This means a home worth $175,000 would have an estimated annual tax bill of about $2,223.
What is the 2025 FHA loan limit in Shelby County?
The 2025 FHA loan limit for a single-family home in Shelby County, TN is $524,225.
What is the conforming loan limit in Shelby County?
The 2025 conforming loan limit in Shelby County is $806,500. Loans above this amount are considered jumbo loans.