Free Tool · Learn by Doing
Structure a Loan Like a Pro
Build FHA, VA, Conventional, and USDA scenarios and watch the payment, LTV, DTI, and mortgage insurance update live — with plain-English underwriting feedback on every change.
Loan program
Estimated monthly payment (PITI)
$2,580
Principal & interest$1,986
Mortgage insurance$144
Property tax$317
Insurance$133
$314,204
Loan amount
96.5%
LTV
47%
Back-end DTI
Underwriting read
- Down payment of 3.5% meets the FHA minimum.
- Back-end DTI of 47% is high but may be approvable with compensating factors.
- An upfront fee of $5404 was financed into the loan amount.
Educational simulator only. Calculations use simplified, typical program assumptions (PMI ~0.5%, FHA MIP 1.75% upfront / 0.55% annual, VA funding fee 2.15%, USDA 1% / 0.35%) and are not a loan estimate, pre-qualification, or commitment to lend.