OHP Closer's Calculator Tool (unofficial)
Update: October 2021 - added 223d and 223d-COVID calculators. Please let me know if you encounter any buggy behavior!
Results
Choose a Loan Type:
223(a)(7)
223(f)
223d-COVID
223d
232 NC/SR
241(a)
Loan Amount:
$
Interest Rate:
%
Use the after-construction rate if different from during-construction rate.
Expected
Closing
Initial Endorsement
(mm/yyyy):
Click to change default month. This is
not
the month that payments would begin.
LIH Tax Credits?
No
Yes
Fixed Maturity Date
Maturity date (mm/yyyy):
Fixed Term Length
Number of monthly payments:
Time to Commencement of Amortization
"The first payment to principal (commencement of amortization) shall be due on the first day of the
th
month following the month in which Initial Endorsement occurs."
Fixed Term Length
Number of monthly payments:
Calculate