Calculator Inputs
Formula Used
Gross rate fee = loan amount × total entered fee rate ÷ 100.
Total credits = loan amount × credit rate ÷ 100 + fixed dollar credit.
Net before cap = gross rate fee + fixed dollar fee − total credits.
Final estimated fee = lesser of net before cap and any active cap limit. No cap is applied when cap fields are zero.
Rate equivalent = final estimated fee ÷ loan amount × 100. Basis points equal the rate equivalent × 100.
How to Use This Calculator
- Enter the unpaid principal balance or planned loan amount.
- Add the current Exhibit 19 base grid rate.
- Enter every special attribute fee that applies to the loan.
- Enter credits as positive values in the credit fields.
- Use cap fields only when the loan qualifies for a cap.
- Press Calculate to show the result above the form.
- Use CSV or PDF buttons to save the scenario.
Example Data Table
| Loan amount | Gross rate | Credits | Cap | Estimated final fee |
|---|---|---|---|---|
| $350,000 | 0.8750% | $0.00 | No cap | $3,062.50 |
| $275,000 | 1.1250% | $500.00 | $2,500.00 | $2,500.00 |
| $420,000 | 0.5000% | $2,300.00 | No cap | -$200.00 |
About the Freddie Mac Exhibit 19 Calculator
This calculator helps lenders, analysts, and loan teams estimate credit fee impact before delivery review. Keep saved copies of each scenario. They support audits, training notes, pricing discussions, and later comparisons when fee assumptions change for future file reviews and reporting. Exhibit 19 contains price adjustments, fixed dollar fees, credits, and caps. The official schedule changes, so this page lets users enter the current numbers from their source documents. It does not decide eligibility. It only organizes the math in a clear workflow.
Why this estimate matters
Credit fees can affect pricing, margin, borrower cost, and delivery planning. A loan may include a base grid fee plus special attribute fees. It may also receive credits for selected products. Some loans may qualify for a cap. When these items are reviewed separately, mistakes are easier to make. This tool combines them and shows each major subtotal.
Advanced inputs
The form accepts percentage based fees, dollar based fees, percentage credits, fixed credits, and optional cap limits. It also estimates a payment impact when the final fee is financed. That monthly amount is only a planning figure. The actual treatment depends on loan terms, delivery data, and contractual pricing rules.
Good workflow
Start with the unpaid principal balance. Enter the base grid rate from the current schedule. Add special attribute rates for occupancy, property type, cash out, condominium status, subordinate financing, debt ratio, or other applicable factors. Enter credits as positive values in the credit fields. Add any fixed dollar fee. Then enter cap details only when the loan qualifies under the applicable criteria.
Reading the result
The gross percentage fee shows the combined rate before dollar items. The gross dollar fee converts that rate to cash. Credits reduce that amount. The cap comparison shows whether the estimate was limited. The final fee can be positive or negative. A negative value represents a credit rather than a charge.
Important reminder
This page is not the official Freddie Mac calculator. It is a flexible estimator for internal education, scenario testing, and documentation. Always confirm the final credit fee through the current Guide, pricing identifier terms, and approved delivery systems before quoting, selling, or closing any mortgage transaction.
FAQs
What does this calculator estimate?
It estimates an indicated credit fee or credit using user-entered rates, dollar items, credits, and caps. It does not pull live official pricing data.
Is this the official Freddie Mac calculator?
No. This is a flexible internal estimator. Always confirm final credit fees through the current Guide, pricing identifier terms, and delivery systems.
Where do I get the fee rates?
Use the current Exhibit 19 schedule, pricing documents, and approved seller resources. Enter each applicable rate manually in the form.
How should I enter credits?
Enter credits as positive numbers in the credit fields. The calculator subtracts them from gross fees before checking the cap limit.
What happens when a cap is entered?
The calculator compares the net amount before cap with the active cap limit. It uses the lower amount when the net charge exceeds the cap.
Can the result be negative?
Yes. A negative final amount means credits are greater than entered fees. The result is shown as a credit rather than a charge.
What does monthly impact mean?
It estimates the payment effect if the final fee amount were financed over the entered loan term at the entered note rate.
Can I save the calculation?
Yes. Use the CSV button for spreadsheet review. Use the PDF button for a simple printable scenario report.