Calculate fha loan for real estate investments and properties
Enter home price, down payment (minimum 3.5%), interest rate, and loan term. The calculator includes FHA mortgage insurance premiums (MIP) in payment calculations.
On a $300,000 home with 3.5% down at 6% interest, your payment is $1,870 including both upfront and annual MIP charges.
3.5% with credit score 580+. Credit scores 500-579 require 10% down. FHA loans also allow gift funds for down payment.
Upfront MIP of 1.75% plus annual MIP of 0.45-1.05% depending on loan amount and LTV. Required for life of loan if down payment is less than 10%.
Vary by county, ranging from $498,257 to $1,149,825 (2024). Higher limits in expensive areas. Check your county's specific limit.