FHA Loan and Refinancing - Home > FHA Calculator

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FHA Mortgage Facts

We provide a FHA calculator to help you understand more about your FHA home loan. Keep in mind the following information as you work with the calculator.

  • You can pay as low as little as 3% of the purchase price of your home for your down payment, and finance your closing costs with your mortgage loan. The FHA can guide you toward programs that require no down payment.
  • FHA Loan limits can vary by state; begin the FHA loan form now to see the loan amount for which you may qualify.

FHA Calculator

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More About FHA Loans

A FHA loan can allow you to include the costs of your home improvements in your loan. With HUD'ls 203 (k) program you can purchase or refinance a home that needs improvements and include all repair and improvement costs in the loan. Learn more about FHA refinancing or compare FHA vs conventional loans.

The Federal Housing Administration is a branch of the Department of Housing and Urban Development and provides lenders with insurance on your loan. The FHA is here to help you become a homeowner. Both the FHA and HUD offer low-interest loans to qualified borrowers so that they may purchase homes. The FHA and HUD also offer mortgage insurance for those who are part of the VA Home Loan Guarantee Program. Contact a loan specialist to see if you are eligible for this type of loan.