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2. What is an FHA mortgage insurance premium? - AOL

   www.aol.com/finance/fha-mortgage-insurance...

   FHA upfront mortgage insurance premium: ... Example of an FHA MIP payment. Say you bought a $340,000 home with the minimum 3.5 percent down ($11,900) on a 30-year FHA loan at 6.4 percent interest ...

3. FHA loan vs. conventional loan: What homebuyers should know - AOL

   www.aol.com/finance/fha-loan-vs-conventional...

   FHA home loans can be a good option for first ... it can impact your potential interest rate, the minimum down payment, ... mortgage insurance premium (UFMIP) for an FHA loan is typically 1.75% of ...

4. Guide to FHA adjustable-rate mortgages - AOL

   www.aol.com/finance/guide-fha-adjustable-rate...

   First, here’s a quick primer on how ARMs and FHA loans work. An adjustable-rate mortgage, or ARM, is a type of home loan with an interest rate that changes over time. It has a lower fixed rate ...

5. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   Section 251 insures home purchase or refinancing loans with interest rates that may increase or decrease over time, which enables consumers to purchase or refinance their home at a lower initial interest rate. FHA's mortgage insurance programs help low- and moderate-income families become homeowners by lowering some of the costs of their ...

6. FHA loans: Definition, requirements and limits - AOL

   www.aol.com/finance/fha-loans-134807555.html

   Credit score minimum. 620. 580 with a 3.5% down payment or as low as 500 with at least 10% down. Down payment minimum. 3% for fixed-rate loans; 5% for adjustable-rate loans

7. What are the monthly payments on a $400,000 mortgage? - AOL

   www.aol.com/finance/400000-mortgage-payment...

   Assuming a 30-year fixed-rate mortgage at 6.5% interest, including estimated property taxes and insurance, the payment on a $400,000 mortgage would be around $2,857 a month.