FHA Loan Tools to Help You
Offered to you are these simple tools to help you calculate your desired mortgage amount, which will be comfortable and affordable for you.
Our Simple Mortgage Calculator can help you to calculate your monthly mortgage payment and total mortgage cost, according to your total amount, your interest rate, and the amount of time you input. If you choose to accept a fifteen-year mortgage instead of a thirty-year one, you will be able to save money in a way you never could have imagined!
In addition, the How Much Can I Afford Calculator will help you to see exactly how much you can afford to spend, by calculating your desired mortgage, amount of time, your interest rate, and your annual income. The standard FHA affordability amounts are based on the notion that spending 33% of your gross total income or less on your mortgage is a safe spending plan.