Manufactured Home Loan Calculator: Find Out How Much You Qualify For Instantly!
Get Your Max Ideal Payment Using Our Manufactured Home Loan Calculator
Discover how much you can afford with our advanced Manufactured Home Loan Calculator. Calculate your monthly payment now by adjusting rates, terms, down payment, PMI (if applicable), and other settings. After you've calculated your ideal loan amount, reach out to us for current rates and explore the hundreds of loan options we offer.
At Manufactured Nationwide, we lend up to 100% for manufactured, modular, and over 12 other property styles in all 50 states. We offer qualified borrowers up to $50,000 extra through our exclusive Mortgage Client Consumer Loan™, available before, at, or after closing. This advantage you won't find elsewhere—imagine using these separate funds to:
Pay down high-interest credit card debt, enabling you to qualify for a larger amount
Furnish your home
Add an additional tiny home on the same land
Use the funds however you wish
Continue scrolling below for further details on our manufactured and mobile home loan calculator.
Why Choose Our Manufactured and Mobile Home Mortgage Calculator?
✅ Adjustable Inputs for Precise Estimates: Modify rates, down payments, loan terms, PMI, taxes, insurance, and more to factor in all aspects of your loan payment.
✅ Compare Multiple Loan Scenarios: Adjust inputs as often as you need and download full amortization schedules.
✅ User-Friendly Interface: Optimized for both desktop and mobile devices, ensuring a seamless experience.
✅ Instant Calculations: Get real-time results with no waiting.
✅ Explore Various Loan Options: Adjust settings for VA, FHA, USDA, and conventional loan options.
How to Use Our Manufactured Home Loan Calculator
Enter the Loan Amount: Specify the total amount you wish to borrow.
Select the Interest Rate: Choose an interest rate based on current market rates or your pre-qualified rate.
Choose the Loan Term: Select the duration of your loan (e.g., 15, 20, 30 years).
Input Down Payment Amount: Enter the amount you plan to put down.
Include Property Taxes and Insurance: Add estimated costs for property taxes and home insurance for a comprehensive monthly payment estimate.
Review Your Monthly Payment: Instantly see your estimated monthly payment and adjust variables as needed.
Use Our Comprehensive Manufactured and Mobile Home Payment Calculator To Find How Much You Can Afford
Why Choose Manufactured Nationwide?
Recognized as the #1 Manufactured Home Loan Lender by Investopedia for 5 consecutive years
Loans up to 100% for manufactured, modular, and over 12 other property styles
Exclusive Offer: Up to $50,000 extra through our Mortgage Client Consumer Loan™*
Consistently Rated Five Stars for exceptional commitment to service
Over 100 Years of Combined Experience in the manufactured home loan industry
Veteran-Owned, FDIC Insured, 50-State Bank means we have you covered nationwide
Explore Great Financing Options for Manufactured, Modular, and Mobile Homes
Understanding your financing options is crucial when purchasing a manufactured, modular, or mobile home. Using our manufactured and mobile home payment calculator is only one part of the process, finding the right loan type helps determine your rate, term, and options. We offer the following:
FHA Manufactured Loans
Ideal for borrowers with lower down payments who don't qualify for VA or USDA loans. Features include streamline refinancing if rates improve, with no re-appraisal or income verification required. We allow FHA loans on new purchases, construction, and refinance programs.
VA Manufactured Loans
Exclusive to veterans and active-duty military members. Offers 100% financing, no mortgage insurance, and a VA streamline refinance option with no re-appraisal or income verification if the market improves. We allow VA loans on new purchases, construction, and refinance programs.
USDA Manufactured Loans
Our USDA loans allow manufactured homes only if they are new from a dealer, retailer, or manufacturer, or brand new and already permanently fixed on land as a purchase. If you already own land with equity available, an alternate option may work out better and should be discussed with one of our bankers.
Conventional Manufactured Loans
Competitive rates for qualified borrowers. Best for down payments of 20% or more to avoid PMI. No streamline refinance option available. We allow conventional loans on new purchases, construction, and refinance programs.
Chattel Loans
Required when financing the home without land, in a mobile home park where you do not own the land, or not permanently being fixed to land you own. We do not offer chattel loans, as we only finance mortgage loans for property that is taxed as real property, without this designation, they are disqualified from traditional mortgage programs. These loans also come with shorter loan terms and higher interest rates then what we can offer when you choose to buy one of these homes fixed to land.
Ready to Take the Next Step?
After you calculate your mortgage payment and determine the loan amount you can afford, give us a call. For the fastest service, complete an eligibility request, and let us get right to work for you. We're available 24/7 to help pre-qualify you for the perfect loan.
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Frequently Asked Questions (FAQs)
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The monthly payment on a mobile home depends on several factors, including the loan amount, interest rate, loan term, property taxes, and insurance. Use our manufactured home loan calculator to get an accurate estimate based on your specific circumstances.
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Your loan qualification amount depends on factors like your credit score, income, debt-to-income ratio, and down payment. Our mortgage calculator can provide an estimate, but reaching out to our Manufactured Nationwide bankers will give you a more personalized assessment.
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The loan amount you qualify for depends on your financial situation. This is a similar answer to the above question, and by using our manufactured home mortgage calculator to assess your payments helps determine your comfort level, and then contact us to discuss your options in detail.
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Manufactured homes come with a VIN number and are built entirely in a factory and transported to the site, usually in one to four sections and often placed on a permanent chassis. They may be fixed on permanent or non permanent foundations depending on your loan type and requirements. Modular homes are also factory-built but are transported in many sections and assembled on-site on a permanent foundation and taxed as real property in most cases.
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Yes, VA loans can be used to finance manufactured homes, provided they meet certain requirements. We certainly offer these loans for new purchase, new construction, and refinance options. Please contact us to learn more about your VA manufactured loan eligibility and how to apply.
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Financing options include FHA loans, VA loans, USDA loans, conventional mortgages, Non-QM loans, and chattel loans. While we do not offer chattel loans, we do have many options you may qualify for. Each program type has its own eligibility criteria and benefits.
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Down payment requirements vary by loan type and lender. Some programs offer down payments as low as zero down on VA and USDA, or 3.5% on FHA, while others may require more like 5% down on conventional and more on ITIN or Non-QM programs. Our loan specialists can help you find the best option.
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A chattel loan is a type of personal property loan used to finance a manufactured home without the land. It's ideal if you're purchasing a home to place on leased land or in a mobile home park, or on family land you do not hold title to. Unfortunately, we do not offer chattel loans, but you may find owning a property with land to be less expensive than a chattel loan.
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Not necessarily. Financing options are available whether you own land, plan to buy land, or intend to place your home in a community or park. However, to qualify for a mortgage you will ultimately need to own land and have that home permanently fixed to it and included in your loan. Equity in land is applied to your existing mortgage, and buying a home already permanently fixed to land can qualify for a mortgage loan if built after June 15, 1976.
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Manufactured home mortgage rates can be slightly higher due to the different nature of the property. As a real estate mortgage it can be a small pricing adjustment difference from a a. site-built home. However, we offer competitive rates, and our bankers will help you find the best option.
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Closing costs typically include fees for appraisals, credit reports, loan origination, title insurance, and more. They generally range from 2% to 5% of the loan amount. They can be included in your refinance, or helped negotiated on a purchase or new construction program to minimize out-of-pocket costs.
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Yes, you can finance a used mobile home, although terms and rates may vary based on specific conditions. At Manufactured Nationwide, we offer financing for used mobile homes exclusively through VA loans under certain criteria:
The mobile home must have been moved only once since its original installation—typically from the manufacturer to its first site.
It must be permanently affixed to land that is taxed as real property.
An engineering certificate is required to verify the stability of the installation and the structural integrity of the property.
If you are not eligible for a VA loan or if the property does not meet these conditions, you may need to consider a chattel loan, which is designed for mobile homes not classified as real property. Please note that we do not offer chattel loans.
We understand that every situation is unique. Please contact us to explore your options, and our loan specialists will be happy to assist you in finding the best financing solution for your needs.
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Credit score requirements vary by loan type, we typically start at 580. Some programs are available for borrowers with lower credit scores, while others may require a higher score for the best rates. Manufactured streamline refinance loans may not even require a credit score if you already have an FHA or VA loan on that property.
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A lower interest rate can significantly reduce your monthly payment and the total cost of your loan over time. Use our mortgage calculator to see how different rates impact your payment.
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Yes, if you're purchasing land along with your manufactured home, many loan programs allow you to finance both together. We offer financing for purchase of a home already permanently fixed on land, or land and home loans when buying new from a dealer, retailer, or manufacturer. Discuss your options with our loan specialists.
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Mobile home prices vary depending on the style, square footage, foundational set up, and many other factors. Since we are a manufactured home lender, we only offer loan pricing, and therefore, the actual cost of a manufactured or mobile home must be determined by the seller, manufacturer, or retailer you wish to buy from.
Contact Us Today!
Ready to make your dream home a reality? Contact us at 844-999-0639 or complete an eligibility request online. Our team is available 24/7 to assist you.
Disclaimers:
All payment and interest rate calculations are estimates; there could be variations in mortgage insurance, homeowners insurance, taxes, fees, and rates based upon credit score and loan program selected. Information provided on this page is for educational and informational purposes. Use of this calculator is not a loan approval, nor does it indicate whether the selected terms are available.