FHA Loan Calculator
Payment Breakdown
Principal & Interest: $0
Taxes: $0
Insurance: $0
HOA Fees: $0
Mortgage Insurance: $0
Total Monthly Payment: $0
Question Breakdown:
Home Price: Total cost of the home.
Loan Size: Amount borrowed after the down payment.
Loan Term (Years): Repayment period (usually 15 or 30 years).
Interest Rate (%): Percentage charged for borrowing.
Property Taxes (Yearly): Annual taxes based on home value.
Homeowners Insurance (Yearly): Yearly cost to insure the home.
HOA Fees (Monthly): Monthly community maintenance fees.
Credit Score: Affects loan eligibility and mortgage insurance.
Answers Breakdown:
Principal & Interest: Main mortgage payment covering loan and interest.
Property Taxes: Monthly portion of annual taxes.
Homeowners Insurance: Monthly home insurance cost.
HOA Fees: Monthly community dues, if applicable.
Mortgage Insurance: Required FHA loan protection fee.
Total Monthly Payment: Full mortgage cost, including all expenses.
Disclaimer:
This calculator provides an estimated monthly payment based on the information entered. Actual loan terms, interest rates, and mortgage insurance costs may vary based on lender requirements, credit approval, and other factors. This is not a guarantee of loan approval or exact payment amounts. Always consult with a licensed mortgage professional for accurate loan details. Fill out the FHA pre-approval form to get in touch with a FHA professional.Â