Instructions on how to use these calculators:
For Conventional loans enter Purchase Price, Interest Rate and Down Payment (5%, 10%, 20%, etc)
For FHA enter Purchase Price and Interest Rate
For VA Loans enter Purchase Price and Interest Rate (No Down Payment Required if VA qualified)
For Conventional loans enter Purchase Price, Interest Rate and Down Payment (5%, 10%, 20%, etc)
For FHA enter Purchase Price and Interest Rate
For VA Loans enter Purchase Price and Interest Rate (No Down Payment Required if VA qualified)
An FHA loan is a government-backed conforming loan insured by the Federal Housing Administration. FHA loans have lower credit and down payment requirements for qualified home-buyers. For the most part, the minimum required down payment for an FHA loan is only 3.5%. However, there are additional costs associated with the loan, including the upfront mortgage insurance premium (MIP), annual premiums, appraisal fees and other fees that these calculators do not account for.
Our FHA loan calculator provides customized information based on the information you will enter (Purchase price and interest rate), but it assumes that you have excellent credit and that you're buying a "single-family home" as your primary residence.
For a more accurate rate quote, simply call me or apply on line from the link provided.
I can answer all of your home finance questions and help find the mortgage that's right for you with monthly payments you can afford. It is always a good idea to get pre-qualified online, so you that have a better idea of how much you can afford when searching for your new home.
Our FHA loan calculator provides customized information based on the information you will enter (Purchase price and interest rate), but it assumes that you have excellent credit and that you're buying a "single-family home" as your primary residence.
For a more accurate rate quote, simply call me or apply on line from the link provided.
I can answer all of your home finance questions and help find the mortgage that's right for you with monthly payments you can afford. It is always a good idea to get pre-qualified online, so you that have a better idea of how much you can afford when searching for your new home.
Disclaimer:
Results received from any of these calculators are designed for comparative purposes only, and accuracy is not guaranteed. Galápagos Capital Inc. and its successors do not guarantee the accuracy of any information available on this site, and are not responsible for any errors, omissions, or misrepresentations.
These calculators do not have the ability to pre-qualify you for any loan program. These calculators do not guarantee any interest rates. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in these calculators. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. Property taxes need to be verified with your local city. Insurance calculations are just approximations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Best Finance Capital Inc. and its successors or Carlos Maldonado do not guarantee any of the information obtained by these calculators.
Results received from any of these calculators are designed for comparative purposes only, and accuracy is not guaranteed. Galápagos Capital Inc. and its successors do not guarantee the accuracy of any information available on this site, and are not responsible for any errors, omissions, or misrepresentations.
These calculators do not have the ability to pre-qualify you for any loan program. These calculators do not guarantee any interest rates. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in these calculators. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. Property taxes need to be verified with your local city. Insurance calculations are just approximations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Best Finance Capital Inc. and its successors or Carlos Maldonado do not guarantee any of the information obtained by these calculators.