FHA mortgage loan calculator

Mortgage Rates
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Easily calculate the FHA mortgage, FHA funding Fee (UFMIP) & the monthly FHA mortgage insurance fee (MIP) for a 30 and 15 year FHA home loan.

Line 1 - Enter the sales price
Line 2 - Choose the down payment percentage
Line 3 - Choose 15 or 30 years
Line 4 - Find the maximum FHA loan limit with this link > FHA County Loan Limit.
A new window will open. Choose the state and click Send (you may have to scroll down (or up) to see the send button). The county name is located on the fourth column). After you find the maximum county loan amount for One-Family, Two-Family, Three-Family or Four-Family home, enter the Fha limit on line/box 4.
5 - Click Calculate
You can enter the FHA interest rate (Line 8), annual real estate taxes (Line 9), homeowners insurance (Line 10) and any other monthly cost (Line11) for the total monthly FHA loan payment. Detailed operation can be found at the bottom of this page.


FHA Home Loan Calculator | FHA Interest Rates |

  FHA Loan & Funding Fee Calculator
1. Sales Price
2. Down Payment % =
3. Term
4. FHA Maximum Mortgage Amount
5. Base Mortgage Amount  
6. FHA Funding Fee (UFMIP) +  
7. Mortgage Amount (Final) =  
  FHA Monthly Mortgage Payment
8. Principal & Interest  
9. Annual Real Estate Taxes  
10. Annual Homeowners Insurance  
11. Other  
12. FHA MIP =  
  Based on January 9, 2015 change  
  Monthly Mortgage Insurance (MIP) Calculation
Loan Term greater than 15 years (i.e 30 years)
  Base Loan Amount LTV Effective Annual MIP  
≤ $625,500 ≤ 95.00% 1/26/2015 0.80%  
≤ $625,500 > 95.00% 1/26/2015 0.85%  
> $625,500 ≤ 95.00% 1/26/2015 1.00%  
> $625,500 > 95.00% 1/26/2015 1.05%  
Loan term less than or equal to 15 Years with loan to value above 78%
  Base Loan Amount LTV Effective Annual MIP  
Any loan amount < 78.00% 6/3/2013 0.45%  
≤ $625,500 78.01% - 90.00% 4/1/2013 0.45%  
≤ $625,500 > 90.00% 4/1/2013 0.70%  
> $625,500 78.01% - 90.00% 4/1/2013 0.70%  
> $625,500 > 90.00% 4/1/2013 0.95%  
This calculator and information contained herein are made available to you as a self-help tool for illustrative use only. Examples are hypothetical. We can not and do not guarantee the applicability or accuracy in regards to your individual circumstances. I encourage you to seek personalized advice from qualified professionals.
Copyright © 2016 William A. MacDonald. All Rights Reserved. AnytimeEstimate.com

► Why do I need to enter the maximum FHA loan amount?

There are over 30,000 US counties. Most counties have a maximum single family loan amount of $271,050 ($347,000 for a 2-unit duplex, $419,425 for a 3-unit triplex, & $521,250 for a 4-unit residence). However, there are some high cost US counties that exceed the typical loan amounts. For this reason, it is important to enter the maximum loan amount for the county where the home is located. The FHA calculator will increase the maximum loan amount for those high cost counties.

► How do I look up the FHA county loan limit?

FHA county loan lookup

Fha county limits

Check out the FHA question and answer page before leaving. If the calculator helped you, please give me an atta boy on Facebook, Twitter and any other social site that you frequent. Thanks for stopping by!