FHA Loan Calculator

Estimate your monthly FHA mortgage payments, including Upfront MIP, taxes, and insurance.

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Min 3.5% required for FHA
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Estimated Monthly Payment

$0.00

Principal & Interest $0.00
FHA MIP (Monthly) $0.00
Property Taxes $0.00
Home Insurance $0.00
Base Loan Amount $0.00
Upfront MIP (1.75%) $0.00
Total Loan Financed $0.00

How Our FHA Loan Calculator Works

Calculating an FHA loan is slightly different from a conventional mortgage. FHA loans require two specific types of Mortgage Insurance Premiums (MIP) mandated by the US government. Our calculator automatically factors in:

  • Upfront MIP (UFMIP): A one-time fee equal to 1.75% of the base loan amount. This is typically rolled into your total loan balance.
  • Annual MIP: An ongoing insurance cost (usually 0.55% for standard 30-year loans) divided into 12 monthly payments.
  • Minimum Down Payment: FHA loans allow down payments as low as 3.5% for qualified US buyers.