Making Mortgages Simple
FHA Purchase Planning Tool
Enter the purchase price once and compare three FHA down payment options.
This amount automatically flows through all three options below.
Quick Comparison
| Comparison | |||
|---|---|---|---|
| Down Payment | |||
| Loan Amount | |||
| Principal & Interest | |||
| Total Monthly Payment | |||
| Cash to Close |
FHA Mortgage Insurance: FHA monthly MIP automatically recalculates when the down payment changes. The total FHA loan amount also includes the standard 1.75% Upfront Mortgage Insurance Premium (UFMIP). Actual FHA premiums and eligibility are subject to current HUD requirements and loan-specific factors.
For planning and educational purposes only. This is not a Loan Estimate, rate lock, commitment to lend, or guarantee of terms. Actual rates, mortgage insurance, taxes, insurance, closing costs, credits and eligibility depend on the borrower, property, loan program and current market conditions. Louis Tulio · NMLS #76097 · @Mortgage_Goat.