Lee's Summit, MO FHA Loan Calculator

Pre-loaded with Lee's Summit's illustrative property tax assumption (1.04%) and median home price ($340,000). Get a personalized rate quote in 2 minutes — free.

LEE'S SUMMIT, MO
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Your payment$2,131/month
Principal & interest
$1,719.23
Property tax
$294.67
Homeowners insurance
$116.67
Loan amount$272,000
See your real rate for this payment

Your estimate: $2,131/month on a $340,000 home with $68,000 down. Request a free quote in about 2 minutes.

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Lee's Summit market snapshot

Median Home Price
$340,000
Property Tax Rate
1.04%
Avg Monthly Payment
$2,131
Typical Down Payment
$68,000

FHA Loans in Lee's Summit

The median home price in Lee's Summit is $340,000, with an average property tax rate of 1.04% in Lee's Summit area. A typical 30-year fixed fha loan on a median-priced home in Lee's Summit with 20% down would result in an estimated monthly payment of $2,131, including principal, interest, and property taxes.

FHA loans are government-insured mortgages designed for first-time and lower-credit buyers. They require as little as 3.5% down and accept credit scores starting at 580.

Use the calculator above with Lee's Summit's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving Missouri.

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