FHA loan limits in South Carolina and Calculator


South Carolina state flag FHA home loans require a low down payment of only 3.5% (3.5% X $100,000 sales price = $3,500), and you do not need "perfect" credit. An FHA loan is one of the easiest types of mortgage loans to qualify for. Use the FHA home loan calculator for South Carolina to estimate the FHA loan amount and monthly payment with taxes and insurance. This mortgage calculator will also estimate the maximum 2017 FHA mortgage amounts for South Carolina counties; including South Carolina jumbo FHA loans. Learn more about FHA Home Loans.


FHA Mortgage Calculator | Interest Rates | County Loan Limits |

  South Carolina FHA Loan & Funding Fee Calculator
 
  South Carolina County
  Number of Living Units  
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) =  
 
  Monthly Mortgage Payment
8. Principal & Interest  
9. Annual Real Estate Taxes  
10. Annual Homeowners Insurance  
11. Other  
12. FHA MIP =  
13. MONTHLY MORTGAGE PAYMENT =  
 
  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%