South Carolina FHA Loan & Funding Fee Calculator

South Carolina County

Number of Living Units

1.

Sales Price

2.

Down Payment =

3.

Term

4.

FHA Maximum Mortgage Amount

5.

Base Mortgage Amount

6.

FHA Funding Fee (UFMIP) +

7.

Mortgage Amount (Final) =

Monthly Mortgage Payment

8.

Principal & Interest (%)

9.

Annual Real Estate Taxes ($)

10.

Annual Homeowners Insurance ($)

11.

Other

12.

FHA MIP =

13.

MONTHLY MORTGAGE PAYMENT =

Based on January 9, 2015 change

Monthly Mortgage Insurance (MIP) Calculation

Loan Term greater than 15 years (i.e 30 years)

Base Loan Amount

LTV

Effective

Annual MIP

≤ $625,500

≤ 95.00%

1/26/2015

≤ $625,500

> 95.00%

1/26/2015

> $625,500

≤ 95.00%

1/26/2015

> $625,500

> 95.00%

1/26/2015

1.05%

Loan term less than or equal to 15 Years with loan to value above 78%

Base Loan Amount

LTV

Effective

Annual MIP

Any loan amount

< 78.00%

6/3/2013

≤ $625,500

78.01% - 90.00%

4/1/2013

≤ $625,500

> 90.00%

4/1/2013

> $625,500

78.01% - 90.00%

4/1/2013

> $625,500

> 90.00%

4/1/2013