{
      "tool_id": "art-224-fha-mip-eligibility",
      "tool_version": "1.0.0",
      "display_name": "FHA MIP Eligibility Calculator",
      "mcp_name": "compute_fha_mip_eligibility",
      "mandate_type": "compliance_mandate",
      "wave": 38,
      "gpu": false,
      "url": "https://ainumbers.co/chaingraph/art-224-fha-mip-eligibility.html",
      "description": "FHA mortgage insurance premium (MIP) eligibility and cost calculator per HUD Handbook 4000.1. UFMIP: 1.75% of base loan. Annual MIP grid (0.15%-0.75%) by base loan amount vs $726,200 threshold, LTV, and term. MIP duration: 11 years when original LTV at or below 90%; life-of-loan when above 90%. Qualifying ratios: 31% front-end / 43% back-end (compensating factors to 40%/57%). Credit score floors: 580 for 96.5% LTV; 500-579 for 90% max. Table version: HUD-MIP-ML2023-05-ML2024-01 (HUD Mortgagee Letter 2023-05, effective 2023-03-20).",
      "input_schema_ref": "chaingraph/art-224-fha-mip-eligibility.html#manifest",
      "consumes": [],
      "feeds": [],
      "status": "live",
      "conformance_fixtures": true,
      "compute_capability": "server",
      "compute_images": [{"system":"sha256-source","image_id":"sha256:0188afefdc40d10dd5d1058b02fdf32126f50994c6cdfc0389f7e1cf93cfe295","valid_from":"2026-07-10"},{"system":"risc0","image_id":"sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6","valid_from":"2026-07-04"}],
      "export_capability": [
        "json"
      ],
      "compute_proof_ready": "ready",
      "compute_proof": {
        "type": "ZkVmReceipt",
        "system": "risc0",
        "receiptFormat": "groth16-bn254",
        "imageId": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
        "seal": "F9EnDRXkPOm14zvQV1E0bkWMmUP9RkyCczZveW9CSjIORjkARL18R6CGALd8Lt+7B+K2dH0T3GDbcOIng1YHLgmnBWLY17q4WYCOjkQSlt/O9fKLEFKyTfypJF9ncb8fE59YhE0N2ntWm4oUVQG6rckroga/pgtS94z79btZ64sXXLuh8k2rTZp30xBUBvx+VR9aeXoLZd+B2ZgFRgUCRyUmEvTtfbzhQttvt4dVAdKQovySXsPTGslMgQtbxISREdycNfRTWE6pktk/wj1MpSP80NDXy44wrwiQa9asCA0W3atkPFf8HXToS4Ik2qKuC9DKKOdOqbGiHcp01C/gjw==",
        "journal": {
          "chaingraph_version": "0.4.0",
          "kernel_digest": "sha256:0188afefdc40d10dd5d1058b02fdf32126f50994c6cdfc0389f7e1cf93cfe295",
          "output": {
            "annual_mip": {
              "annual_amount": 1650,
              "duration": "life_of_loan",
              "monthly_amount": 137.5,
              "rate_pct": 0.55
            },
            "dti": {
              "back_dti_ok": true,
              "back_end_actual_pct": 42,
              "back_end_guideline_pct": 43,
              "compensating_factors_needed": false,
              "front_dti_ok": true,
              "front_end_actual_pct": 30,
              "front_end_guideline_pct": 31
            },
            "fha_eligible": true,
            "fico_eligible": true,
            "ltv_eligible": true,
            "max_ltv_pct": 96.5,
            "note": "FHA MIP rates from ML 2023-05 (reduced rates effective Mar 2023). Verify current Mortgagee Letter schedule for any updates beyond 2025.",
            "pii_note": "All inputs processed locally in your browser. No data is transmitted.",
            "regulatory_basis": "12 USC 1709 (National Housing Act §203(b)); HUD Handbook 4000.1; 24 CFR Part 203",
            "table_source": "HUD Handbook 4000.1 §II.A.8.p-q; HUD Mortgagee Letter 2023-05 (effective 2023-03-20); ML 2024-01",
            "table_version": "HUD-MIP-ML2023-05-ML2024-01",
            "ufmip": {
              "amount": 5250,
              "note": "Financed into loan amount (or paid at closing)",
              "rate_pct": 1.75
            }
          }
        }
      }
    }