Enter a Sales Price & Interest Rate. Then click the Calculate button.
This is how fast and easy it is to calculate an FHA scenario. Financed MIP and MMI are calculated automatically. In the full software, closing costs and prepaids will be "yours" from the setup defaults. After the initial calcuations, you have many options to add a credit, change to a Buydown or ARM , etc.
Sales Price
Interest Rate
This is for display only.
P & I
MMI
Property Tax
Hazard Ins
Total Payment
This is for display only. You can click the Exit button to close the screen.
Loan with MIP
Base Loan Amt
Down Payment
Closing Costs
Prepaids
Total Cash