Calculate maximum mortgage amounts for FHA refinance transactions with accurate seasoning, UFMIP refunds, and Net Tangible Benefit validation.

Borrower Information

📅 Loan Dates & Seasoning

Original FHA loan endorsement date
Date of first payment on existing loan
Today's date (auto-populated)
Payments Made
—
Days Since First Payment
—

💰 UFMIP Refund Table

Refund applies only if the existing FHA loan was endorsed on/after September 1, 1983. Refund percentage is based on months after the original loan closing. Table values are editable.

Months After Closing MIP Refund Months After Closing MIP Refund Months After Closing MIP Refund

🏠 FHA Streamline Refinance (No Appraisal)

Step 1: Unpaid Principal Balance (UPB)

This is the anchor - must come from official payoff statement

Step 2: UFMIP Refund (if applicable)

Base loan amount from original FHA loan (not including UFMIP). UFMIP will be calculated at 1.75%.
-

Auto-calculated: Original Loan × 1.75% × Refund% from table. Only if endorsed after 9/1/1983.

Step 3: Accrued Interest (if applicable)

+

Only if payoff is on/after payment due date. Do NOT include per diem beyond payoff.

Step 4: Allowable Closing Costs (Itemized)

Enter each allowable closing cost. These can be financed into the loan.

Cost Item
Amount
Lender Fees
Third Party Fees
Title & Recording
Other Allowed Costs
Total Closing Costs
$0.00

⚠️ CANNOT FINANCE: Late fees, escrows, prepaids (taxes/insurance/interest), or payoffs other than existing FHA loan

Base Loan Amount (Before New UFMIP)
$0.00
+

Maximum Streamline Mortgage

$0.00
UPB - UFMIP Refund + Interest + Costs + New UFMIP (1.75%)

✅ Net Tangible Benefit (NTB) Test

This is a gatekeeper - even if the loan math works, the deal dies if NTB fails.

Existing FHA Loan

New FHA Streamline

Important FHA Streamline Rules

Seasoning: Must have made 6 payments AND 210 days since first payment due date.

UFMIP Refund: Only for loans endorsed after Sept 1, 1983. Refund credited to reduce new UFMIP, not cash to borrower.

Financed Costs: Only standard streamline-allowed closing costs. NO late fees, escrows, prepaids, or other payoffs.

NTB Test: Net Tangible Benefit must be demonstrated. Rate and payment limits apply based on loan type transitions.