Government & Specialty Mortgage Calculators
Mortgage programs can differ significantly in down payment requirements, insurance costs, eligibility rules and loan limits. Legit Calc's Government & Specialty Mortgage Calculators help buyers compare several common financing options.
Featured Loan Program Calculators
πΊπΈ FHA Loan Calculator
Estimate FHA mortgage payments, mortgage insurance premiums and common ownership costs.
Use Calculator βποΈ VA Loan Calculator
Estimate VA mortgage payments and potential funding fees for eligible borrowers.
Use Calculator βπΎ USDA Loan Calculator
Estimate USDA mortgage payments and applicable guarantee fees.
Use Calculator βπ Conventional Loan Calculator
Estimate payments for a conventional mortgage using customizable down payment and loan assumptions.
Use Calculator βποΈ Jumbo Loan Calculator
Estimate mortgage payments for loan amounts above conforming mortgage limits.
Use Calculator βCompare Common Mortgage Programs
| Mortgage Type | Common Use |
|---|---|
| FHA | Lower-down-payment financing and flexible qualification. |
| VA | Eligible veterans, service members and qualifying borrowers. |
| USDA | Eligible properties and borrowers in qualifying rural and suburban areas. |
| Conventional | Standard private mortgage financing. |
| Jumbo | Financing above applicable conforming loan limits. |
Recommended Mortgage Program Comparison Path
1. Home Affordability Calculator β Establish your price range.
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2. FHA / VA / USDA / Conventional Calculator β Compare estimated monthly costs.
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3. Down Payment Calculator β Compare cash requirements.
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4. Closing Cost Calculator β Estimate transaction expenses.
Related Mortgage Program Guides
- FHA vs Conventional Loan
- VA Loan Guide
- USDA Loan Guide
- What Is a Jumbo Mortgage?
- Understanding Mortgage Loan Types
Frequently Asked Questions
What is an FHA loan?
An FHA loan is a mortgage insured by the Federal Housing Administration and is commonly used by buyers seeking lower down-payment options.
Who can qualify for a VA loan?
VA loan eligibility is generally tied to qualifying military service or other eligibility criteria established by the Department of Veterans Affairs.
Do USDA loans require a down payment?
Eligible USDA loans may offer 100% financing, although program rules and borrower qualification apply.
What is a jumbo mortgage?
A jumbo mortgage exceeds applicable conforming loan limits and generally has different underwriting requirements.