Ginnie Mae offers an easy calculator that figures out your average monthly payment over time for both buying and renting and your total payments over a period of time for buying and renting.
The government offers an online calculator relating to FHA mortgages at Ginnie Mae.gov.
Both Ginnie Mae and Home Fair offer easy-to-use tools with no obligation.
The derivation of the name is uncertain, but is probably taken from Ghinea, Ginnie, Genni or Jenne, a town and kingdom in the basin of the Niger, famed for the enterprise of its merchants and dating from the 8th century A.D.
