FHA home loans were created to help minorities and first-time homebuyers purchase a home. Our calculators were designed to help you determine how much you can afford to safely borrow in order to finance your home.
Below you'll find a simple loan calculator which allows you to input different
interest rates, loan amounts, and mortgage length so you can estimate your monthly
payment. Plus, you can also see an amortization schedule of a loan which will
show you how much of your payment goes towards the principle and how much towards
interest. This loan calculator should be used only as an estimation as it doesn't
allow for taxes and insurance.