MORTGAGE PAYMENT CALCULATOR
Monthly housing mortgage payment calculator
 |
FHA
1.75% Mortgage Insurance Premium fee is added to the loan amount.
Also, .55% times the loan amount divided by 12 months added to the monthly loan payment for Monthly Mortgage Insurance Premium.
VA
| Type of Veteran | Down Payment | Insurance |
Insurance Percentage for Subsequent Use |
|---|---|---|---|
| Regular Military | None | 2.15% | 3.3% |
| Regular Military | 5% - 9.99% | 1.50% | 1.50% |
| Regular Military | 10% or more | 1.25% | 1.25% |
| Reserves/ National Guard |
None | 2.4% | 3.3% |
| Reserves/ National Guard |
5% - 9.99% | 1.75% | 1.75% |
| Reserves/ National Guard |
10% or more | 1.5% | 1.5% |
VA - Cash Out Refinance
| Type of Veteran | Insurance |
Insurance Percentage for Subsequent Use |
|---|---|---|
| Regular Military | 2.15% | 3.3% |
| Reserves / National Guard | 2.4% | 3.3% |