FHA loans are government backed mortgages issued by approved FHA mortgage lenders to both first-time and experienced
homebuyers. Learn more about FHA loans by visiting the FHA sections below.
Verify your FHA loan eligibility here.
Our FHA loan calculator is the most accurate one we've seen online. We use the same formula FHA approved lenders
use when quoting and closing FHA loans, including annual FHA MIP, upfront FHA MIP, customizable taxes and insurance
rates, principal, and interest.
FHA Loan Calculator
FHA loans have mortgage insurance premiums that impact your loan amount and monthly mortgage payment. Learn
how these premiums apply to you and how your loan term and down payment determine their amounts.
FHA Mortgage Insurance Premiums
Each year HUD determines the maximum allowable FHA loan amount for every county in the United States and
eligible territories. It's important to know the FHA limit where you are buying to ensure your loan amount
will not exceed their threshold.
FHA Loan Limits
FHA loan eligibility depends upon several factors. While more people may qualify for FHA loans than comparable
conventional loans, not everyone will. Contacting an FHA approved lender for preapproval is essential when
purchase your new home with an FHA loan.
Determine your FHA loan eligibility.
What's My Payment?'s best-in-class mortgage calculators, including FHA, VA, USDA, refinance, and conventional
loans, are optimized for phones, tablets, and desktop.
It's easier than ever to budget for your new home purchase.
Click here to view all calculators.
FHA announces substantial increase to county loan limits for 2019. Borrow up to $314,827 in most counties...
FHA mortgage insurance consists of a financed upfront fee of 1.75% of your loan amount. A monthly premium is calculated based on loan term and down payment...
Seller paid closing costs are a great way to minimize your out of pocket cash to close. 3% to 6% (the FHA max) is common...
FHA is often best when looking to minimize out of pocket cash & down payment. Conventional loans are for borrowers with strong credit & more liquid assets...
Peruse all our blog posts to learn more about FHA, VA, and USDA home loans.
Read our blog.