Easily calculate the FHA funding Fee (UFMIP) & the monthly
FHA mortgage insurance fee (MIP) for a 30 and 15 year FHA home loan.
Simply enter the sales price, choose the down payment percentage & loan term.
Since the FHA loan has a "maximum" loan amount, find the
maximum FHA limit on the FHA lookup screen below and enter the amount on
line 4. Choose the appropriate
state and click on the Send button. The county name is located
in the third column. If necessary, scroll to the bottom of the page to go to
the next page of counties for that state. Notice that there are FHA loan limits
for 1, 2, 3 and 4 units. If you are estimating the FHA loan for a single
family home, use the One-Family limit for that county. Needless to say (but
I'll say it anyway), pick up Two-Family loan maximum for a duplex, 3-unit, or
4 unit as appropriate. After acquiring the maximum FHA loan amount, enter
the maximum limit on line 4. Click on the Calculate button
to estimate the FHA home loan amount and monthly mortgage premium (mip) cost.
Select the interest rate and enter the real estate tax, and
homeowner's insurance if desired to estimate the monthly FHA loan
► FHA Frequently Asked Questions.
FHA State Calculators