This calculator helps you determine your FHA loan amount and how much cash you'll need to complete your home purchase. It will also create an estimate of your closing costs and required upfront Mortgage Insurance Premium (MIP). It's designed to determine the FHA mortgage limit for a particular purchase, not the maximum allowed for any home in your state and county. To determine the maximum purchase price for your area, use this calculator from HUD.gov
. Then use our calculator to determine the required down payment and FHA mortgage limit.