Updated FHA Oregon SF Loan Estimator.

 I have previously included an Oregon FHA SF loan estimator in Excel in a post HERE. 

HUD has just published 2023 income limits so I replaced the prior Excel workbook with a new workbook HERE. 

There are 7 user variable inputs in the workbook. 

The default entries are $500,000 purchase price, 4 person family in Multnomah county at MFI, a 7% interest rate loan with a 3.5% down payment, 1.5% for property tax and insurance, and $300 monthly in reoccurring debt.  

The estimator returns the income required based on the use of several possible compensating factors and the ratio to HUD median family income adjusted for family size and county. 

I have pasted a picture of the results for the Multnomah county example below. 

Originally created and posted on the Oregon Housing Blog