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FHA New Construction Calculator: Estimate Payment & Cash to Close

If you’ve ever dreamed of building your own home—designed from the ground up and tailored to your vision—an FHA New Construction Loan may be the financial key to making it happen.

Unlike traditional mortgages that finance only existing homes, an FHA construction-to-permanent loan covers everything from the cost of the land to architectural plans, construction labor, materials, and even prepaid interest during the build. Let’s walk through a detailed example and explore how this loan can work in your favor.

Required Documentation Checklist

To qualify for maximum FHA financing on new construction, you’ll need to submit:

  • HUD-92541: Builder’s Certification of Plans, Specs & Site
  • HUD-92544: 1-Year Warranty of Completion
  • NPMA-99-A/B: Termite Protection Forms (as applicable)
  • Health Approvals: For well/septic systems if used
  • Permits or Early Start Letter: Approved by local authorities

Why Choose an FHA New Construction Loan?

  • Low Down Payment (3.5%)
  • One-Time Close (construction and permanent mortgage in one loan)
  • Flexible Credit Guidelines
  • Build Instant Equity with thoughtful budgeting and design

Ready to Break Ground?

If you’re planning to build and want a clear path forward—with a transparent budget, low monthly payments, and minimal cash required to close—an FHA new construction loan may be your perfect foundation.

Start Your FHA New Construction Journey

Our team will guide you from blueprint to closing—making the process as seamless as possible while ensuring you maximize your investment.

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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