Calculations are estimates only and do not constitute financial advice. Actual rates, fees, and eligibility may vary by lender. Always consult a licensed mortgage professional.
Calculations are estimates only and do not constitute financial advice. Actual rates, fees, and eligibility may vary by lender. Always consult a licensed mortgage professional.
Calculate FHA mortgage payments with upfront and annual mortgage insurance premiums.
Total Monthly Payment
AED 2,327
Principal & Interest
AED 2,172
Monthly MIP
AED 155
Base Loan Amount
AED 337,750
Upfront MIP (1.75%)
AED 5,911
Total Loan (with MIP)
AED 343,661
Down Payment
AED 12,250
LTV
96.5%
Annual MIP Rate
0.55%
Total MIP Paid (lifetime)
AED 61,639
Total Interest
AED 438,321