FHA Resources
FHA Funding
Fee & MIP Explanation
FHA Condo Lookup
FHA Calculation
FHA Funding
Fee & MIP Calculator
FHA Limits Look Up
FHA Q & A
What's an FHA Streamline?
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Easily calculate the FHA funding Fee (UFMIP) & the monthly
FHA mortgage insurance fee (MIP) for a 30 and 15 year FHA
mortgage. Simply enter the sales price, choose
the down payment percentage, & term. Since an FHA mortgage
has a "maximum" loan amount, click on the FHA Look Up button,
and you will be redirected to the HUD web site. Choose the
state and then county and enter the maximum FHA mortgage
amount in the
Maximum
Mortgage From Chart box. Choose the mortgage amount based
on the number of units (i.e. one family, two family, etc.).
Click on the FHA Calculator button to return to the calculator.
Select the interest rate, and enter the property taxes,
and homeowner's insurance if desired. The closing cost section
is similar to the new Good Faith Estimate (GFE) required
by HUD. Also, click outside the box or drop down box to
"lock in" your choice. More information:
FHA Funding
Fee & Monthly Mortgage Insurance.
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