Bravo

Estimate Your FHA Loan Payment

HOME VALUE:

DOWN PAYMENT:

$ %

Loan Term:

INTEREST RATE (%):

Credit Score:

Loan Type:

Property Tax Rate (%):

Homeowner's Insurance Rate (%):

Monthly HOA ($):

Estimated Monthly Payment: $0

Breakdown:

Principal & Interest (P&I)
$0
Taxes & HOA
$0
Mortgage Insurance
$0
Annual MIP
$0

Loan Totals:

Purchase Price $0
Down Payment $0
Upfront MIP $0
Total Loan Amount $0

Estimated Taxes & Insurance: Property taxes are generally 1.2% of the home’s value, but may vary. Homeowners insurance is typically 0.35%. These values can change based on your area.

Annual MIP: Based on loan size, term, and down payment. Usually 0.45% to 1.05% annually. Added to monthly payment.

Upfront MIP: Standard FHA charge is 1.75% of base loan. Added to total loan and financed. Exemptions are rare.