UPDATE: On Friday, January 20, 2017, HUD suspended the announced
MIP rate cut indefinitely. We are leaving the checkbox below to demonstrate the impact on FHA
FHA has lowered their annual mortgage insurance premium. This fee is paid monthly, so FHA loans closing
after January 27, 2017, will have lower monthly payments! Check this box to see the difference.
Use lower annual MIP (paid monthly) that was to be effective January 27, 2017
Continue to Request an FHA Quote
Related FHA Posts:
Do I qualify for an FHA loan?
FHA fees and insurance for 2017 have not change from 2016.
Please enter a purchase price to generate your FHA loan summary.
The FHA payment calculator calculates an accurate FHA mortgage payment by accounting for
the FHA upfront mortgage insurance premium, monthly FHA mortgage insurance, property
taxes, and homeowner's insurance.
FHA loans are mortgages backed by the Federal Housing Administration (FHA).
FHA allows lenders to make mortgage loans with only 3.5% down payments.
For most home buyers FHA is the mortgage option that keeps out of pocket money to a minimum.
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2017 FHA Loan Limits by County
Lookup results are the maximum BASE loan amounts allowable by FHA in 2017.
Effective January 27, 2017, annual FHA mortgage insurance premiums are lowering. FHA buyers will see a lower payment if closing on or after January 27...
FHA has increased the maximum loan amounts for 2017. Use our 2017 FHA loan limit lookup tool to find limits in your county...
Avoid paying monthly mortgage insurance by putting as little as 5% down and ask your lender for lender paid mortgage insurance...
Beginning January 27, 2017, the annual FHA mortgage insurance is lowering to 0.60% from 0.85% for most FHA loans...
FHA Loan Qualifications: FHA borrowers must meet guidelines established to protect FHA lenders while providing opportunity for FHA home buyers...
*All calculations on www.WhatsMyPayment.com are for demonstration purposes only.
Every effort is made to maintain accurate calculations for each program listed.
Actual numbers may vary.
What's My Payment, LLC (WMP) & www.whatsmypayment.com is not affiliated with FHA, VA, USDA, Fannie Mae, Freddie Mac, or
any government agency, nor does it offer or originate mortgage loans.