Fatigue can affect the magnetic properties of materials due to microstructural changes. Previous investigations have shown that several structure sensitive magnetic properties, such as coercivityHc and remanenceBr, changed systematically as a result of fatigue. When approaching failure the accumulated changes in microstructure resulted in the occurrence of fatigue cracks and the magnetic properties showed dramatic changes which mainly resulted from the geometrical changes in samples due to the cracks. It was found that the remanenceBr followed the changes in stress, while the coercivityHc sometimes showed different trends. In this article the influence of the size and the position of a fatigue crack on magnetic field and magnetic induction were studied using finite element modeling. Models were constructed to simulate the geometry of the test sample and sensor. It was found that, for a given coil current in the exciting coil, the magnetic induction was mainly determined by the geometry of the crack, while the magnetic field was influenced by both the size and the position of the crack.