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Florida FHA Loan & Funding Fee Calculator |
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Florida County |
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Number of Living Units |
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1. |
Sales Price |
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2. |
Down Payment = |
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3. |
Term |
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4. |
FHA Maximum Mortgage Amount |
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5. |
Base Mortgage Amount |
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6. |
FHA Funding Fee (UFMIP) + |
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7. |
Mortgage Amount (Final) = |
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Monthly Mortgage Payment |
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8. |
Principal & Interest |
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9. |
Annual Real Estate Taxes |
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10. |
Annual Homeowners Insurance |
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11. |
Other |
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12. |
FHA MIP = |
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13. |
MONTHLY MORTGAGE PAYMENT = |
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Based on January 9, 2015 change |
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Monthly Mortgage Insurance (MIP) Calculation |
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Loan Term greater than 15 years (i.e 30 years) |
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Base Loan Amount |
LTV |
Effective |
Annual MIP |
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≤ $625,500 |
≤ 95.00% |
1/26/2015 |
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≤ $625,500 |
> 95.00% |
1/26/2015 |
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> $625,500 |
≤ 95.00% |
1/26/2015 |
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> $625,500 |
> 95.00% |
1/26/2015 |
1.05% |
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Loan term less than or equal to 15 Years with loan to value above 78% |
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Base Loan Amount |
LTV |
Effective |
Annual MIP |
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Any loan amount |
< 78.00% |
6/3/2013 |
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≤ $625,500 |
78.01% - 90.00% |
4/1/2013 |
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≤ $625,500 |
> 90.00% |
4/1/2013 |
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> $625,500 |
78.01% - 90.00% |
4/1/2013 |
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> $625,500 |
> 90.00% |
4/1/2013 |
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