Match the fee to the program
Using the conventional PMI estimate on an FHA loan double-counts insurance and still misses the upfront MIP. Use the program calculator.
VA and USDA are not available to every buyer or every house. The pages say that. A $0 down result is arithmetic.
Fixed, adjustable, and term are a second choice
Any of these programs can be quoted with different terms. A conventional 15-year and a conventional 30-year are still both conventional.
Jumbo is a size category, not a promise of a worse or better rate. Enter the rate you were quoted.
| Loan | Fee this site models |
|---|---|
| Conventional | Editable PMI |
| FHA | 1.75% upfront and 2023-05 annual MIP |
| VA | Funding-fee schedule, or zero if exempt |
| USDA | 1% upfront and 0.35% annual assumptions |
Calculators
Related guides
Sources
Common questions
Which loan is cheapest?
The one whose quoted rate, fees, and mortgage insurance produce the lower cost for the years you will keep it. The compare tool can hold the payments next to each other after you enter those quotes.
Are jumbo limits listed here?
No. Conforming limits change and differ in high-cost areas. We will not print a stale limit as if it were current.