FHA Loan Example (30-Year Fixed)¶
This example shows the amortization for a $300,000 FHA loan over 30 years with a 6.25% interest rate.
Loan Parameters¶
- Type: FHA
- Principal: $300,000
- Term: 360 months (30 years)
- Rate: 6.25%
- FHA Upfront MIP: 1.75%
- Monthly MIP: 0.85%
CLI Command¶
python -m cli.cli amortize \
--type fha \
--balance 300000 \
--rate 6.25 \
--term 360
Preview¶
| Month | Date | Beginning Balance | Payment | Principal | Interest | PMI/MIP | Total Payment | Ending Balance |
|---|---|---|---|---|---|---|---|---|
| 1 | YYYY-MM-DD | 305250.00 | 1879.63 | 328.13 | 1586.55 | 35.00 | 1920.63 | 304921.87 |
| ... |
Note: Full amortization table can be exported with --output examples/fha_30yr.csv.