👉 The term you're referring to is "calculate my fha mortgage payment." What's so special about that? It sounds like a conversation starter when it comes to calculating your home loan payments under the Federal Housing Administration (FHA) with Fannie Mae and Freddie Mac, right?
Say: "You know how you have to add 3.5% down in order to get a mortgage from those two companies? Well, here's another one, 'calculate my fha mortgage payment.' Just enter your numbers into this calculator and we'll show you the results." Edgy Example: "Okay, I've got $40,000 down on a house. What do we calculate for monthly payments?" Response: "Now, let me set up a Fannie Mae loan with 3.5% down, so that's 12 months of $40,000 x .035 = $1,200. That'll come out to around $760 per month." Sejourn Example: "Wow, I never thought it would be this simple! Here's another one, 'calculate my fha mortgage payment.' Just enter your numbers into the calculator and we'll show you the results." Response: "Okay, I've got $35,000 down on a house. What do we calculate for monthly payments?" "Sure thing! Let me set up a Fannie Mae loan with 3.5% down