FHA Loan Calculator

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Monthly Pay: $3,114.09

Mortgage Payment $3,114.09 $1,121,070.84
Property Tax $500.00 $180,000.00
Home Insurance $208.33 $75,000.00
Annual MIP $221.15 $79,612.50
Other Costs $416.67 $150,000.00
Total Out-of-Pocket $4,460.23 / $1,605,683.34

House Price: $500,000.00

Loan Amount with Upfront MIP: $491,250.00

Down Payment: $17,500.00

Upfront MIP: $8,750.00

Total of 360 Mortgage Payments: $1,121,070.84

Total Interest: $629,820.84

Mortgage Payoff Date: Aug. 2054