UPDATE: On Friday, January 20, 2017, HUD suspended the announced
MIP rate cut indefinitely. We are leaving the checkbox 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.
FHA Loan Summary
Please enter a purchase price to generate your FHA loan summary.
FHA Mortgage Payment Calculator
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.
What is an FHA loan?
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.
To all the AGENTS & HOMEBUYERS
out there for using www.whatsmypayment.com
and making it the success it is!
support us by connecting with a lender.