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With Millennial Home Loans quick online loan application, determining if you qualify for an FHA 203k Renovation Loan and for how much, has never been easier.

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Home » Renovation Loan » FHA 203k Renovation Loan » Calculators

FHA 203k Renovation Loans.

3.50% Down, 6% Seller Closing Credit Allowed

Flexible credit score requirements, with credit scores down to 580

Transaction Information









Repair Budget
Repair Reserve
Draw Inspection & Title Update (up to 2 inspections without 203(k) Consultant, up to 5 inspections with 203(k) Consultant)
203(k) Consultant Required (required if total budget is over $35,000 or structural damage/moving walls is checked "Yes")
203(k) Consultant Fees
Subtotal
203(k) Supplemental Origination Fee
Total Rehabilitation Budget
Loan Amount
Combined Purchase Price & Rehab
Down Payment
Base Loan Amount
1.75% Upfront MIP
Total Financed Loan
Monthly Payment
Principal & Interest
Monthly MIP
Monthly Taxes
Monthly Hazard Insurance
Mortgage Payment

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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