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.
Both Ginnie Mae and Home Fair offer easy-to-use tools with no obligation.
The government offers an online calculator relating to FHA mortgages at Ginnie Mae.gov.
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.
