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FHA 203(k) Renovation Calculator: Estimate Payment & Funds to Close

Finding the perfect home rarely means finding a perfect house. If you’ve discovered a property that needs some love—or a major renovation—the FHA 203(k) Renovation Loan may be your path to homeownership and long-term wealth-building. This government-backed loan lets you finance the purchase price and renovation costs into a single mortgage with just 3.5% down.

Let’s break down how the FHA 203(k) Purchase Calculator helps you estimate your monthly payment, cash to close, and loan structure.

Why the FHA 203(k) Loan Stands Out

One loan covers purchase + renovation
3.5% down(gift funds allowed)
Renovate before move-in
Finance repairs, upgrades, even structural changes
Live in a home customized to your needs
Build instant equity by increasing value

Final Thoughts

With home inventory tight and move-in-ready homes often overpriced, the FHA 203(k) loan gives you the power to create value on your terms. Whether you’re buying your first home or upgrading your lifestyle, this loan turns fixer-uppers into dream homes—with just 3.5% down and one monthly payment.

Ready to Get Preapproved for Your FHA Renovation Loan?

Talk to our experts to review your budget, property goals, and renovation plans. We’ll help you structure your offer, choose the right contractors, and walk you through every step—so you can buy it, fix it, and love where you live.

Ready to Take Your First Step?

Skip the guesswork. Take our quick Discovery Quiz to uncover your top financial priorities, so we can guide you toward the wealth-building strategies that fit your life.

  • Takes just 5 minutes
  • Tailored results based on your answers
  • No credit check required
Take the Discovery Quiz

Need a Pre-Approval Letter—Fast?

Buying a home soon? Complete our short form and we’ll connect you with the best loan options for your target property and financial situation—fast.

  • Only 2 minutes to complete
  • Quick turnaround on pre-approval
  • No credit score impact
Get Pre-Approved Now

Got a Few Questions First?

Let’s talk it through. Book a call and one of our friendly advisors will be in touch to guide you personally.

Schedule a Call

Important Disclaimer

This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.

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