FHA Loan Calculator

Use this free FHA loan calculator to estimate principal, interest, taxes, insurance, upfront MIP, monthly MIP, and total monthly payment.

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Formula steps Estimate limits shown Examples included Private history

Home price ($)Down payment ($)Interest rate (%)Loan term (years)Upfront MIP (%)Annual MIP (%)Annual property tax ($)Monthly insurance ($)

Estimated FHA monthly payment$2,615.76

$313,625 base loan plus FHA MIP assumptions

Principal and interest: $2,017.01
Upfront MIP: $5,488.44
Monthly MIP: $143.74
Loan-to-value: 96.5581246696%

FHA MIP duration, eligibility, loan limits, and underwriting depend on official FHA and lender rules.

Formula steps

Calculate the base loan from price minus down payment.
Add entered upfront MIP to the financed balance.
Estimate principal and interest, tax, insurance, and monthly MIP.

How to use the fha loan calculator

Enter the requested dollar amounts, rates, terms, tax settings, or contribution details.
Use rates as percentages, such as 6.5 for 6.5%, and check whether a field asks for a monthly or annual amount.
Press the calculate button to see the answer, supporting metrics, and formula steps.
Use the result as a planning estimate only, then copy it if the assumptions look right.

Common uses

Estimate an FHA-style payment with 3.5% down.

Test upfront and annual MIP assumptions.

Compare monthly MIP against a conventional mortgage estimate.

Screen payment before lender preapproval.

Examples

3.5% down $325,000 home with 1.75% upfront MIP

FHA payment estimate

Lower price $260,000 home with default MIP assumptions

Monthly estimate

Larger down $400,000 home with larger down payment

Payment estimate

Frequently asked questions

Plain-language answers about when to use the estimate, what your numbers mean, what is left out, and how privacy works.

When should I use the FHA Loan Calculator?

Use it for early planning and side-by-side comparisons, especially for tasks like these: Estimate an FHA-style payment with 3.5% down. Test upfront and annual MIP assumptions. Treat the answer as a planning estimate, not a final quote.

What is the FHA Loan Calculator doing with my numbers?

In plain language: The calculator adds entered upfront MIP to the financed balance, calculates principal and interest, then adds tax, insurance, and monthly MIP from the entered annual MIP rate. If the result seems too high or too low, first check whether each field expects a monthly amount, annual amount, dollar value, or percent.

What does this estimate leave out?

FHA eligibility, loan limits, MIP duration, property rules, lender underwriting, closing costs, and official MIP schedules can change the real result. Real finance decisions can also depend on fees, timing, local rules, credit details, and provider-specific terms.

Does the site save my finance inputs?

No. The calculator runs in your browser tab. Recent answers stay only on the page while you use it, and they are not sent to a server.