Description from extension meta
Calculates FHA mortgage insurance premiums (UFMIP and Annual MIP).
Image from store
Description from store
The FHA MIP Calculator is a lightweight and powerful browser extension designed for one purpose: to provide accurate FHA MIP calculations instantly.
Stop guessing and get the numbers you need for loan applications and financial planning. Our calculator uses up-to-date rules to give you a reliable estimate of all MIP-related costs.
Calculations Include:
Upfront MIP: Based on the standard 1.75% rate.
Annual & Monthly MIP: Calculated based on your specific Loan-to-Value (LTV), loan amount, and term.
MIP Payment Term: Clearly states whether the MIP is payable for 11 years or the life of the loan.
How to Use:
Click the calculator icon in your toolbar.
Input the Home Price and Down Payment.
Select the Loan Term (30 or 15 years).
All results are displayed instantly.