FHA Loan Calculator
Plan your FHA home purchase with custom calculations for upfront MIP financing, annual MIP terms, property tax rates, and monthly debt outlays.
Includes P&I, Taxes, Insurance, and MIP
FHA Acquisition Details
Monthly Taxes, Insurance & HOA (PITI)
MIP (Mortgage Insurance Premium) on FHA loans is paid for 11 years if your down payment is 10% or more. If you pay less than 10% down, MIP is active for the entire term (life of the loan).
How FHA Loan Calculator Works
Our FHA calculation engine lets you model FHA home purchase finances and plan monthly mortgage outlays.
Enter Home Price
Provide the target purchase price of the property you are buying.
Set Down Payment
Input your down payment (at least 3.5% for conventional FHA guidelines).
Calculate Monthly Payment
Combine principal, interest, mortgage insurance, taxes, and home insurance.
FHA Loan Benefits
Explore why Federal Housing Administration loans are a popular selection for home buyers:
Upfront MIP
Understand the 1.75% Upfront Mortgage Insurance Premium that can be financed into your loan balance.
Annual MIP
Factor in the monthly mortgage insurance premium based on your loan-to-value ratio.
Property Taxes
Simulate regional real estate property tax rates and their impact on escrow payments.
Home Insurance
Include annual homeowners hazard insurance premiums in your monthly mortgage budget.
Frequently Asked Questions About FHA Loans
Frequently Asked Questions
Is this FHA loan calculator free?
Yes. Calculate unlimited FHA mortgage scenarios with no registration.
Does this include MIP calculations?
Yes. Include upfront MIP and annual MIP in total monthly payment.
What's the minimum FHA down payment?
3.5% minimum down payment with qualifying credit score of 580 or higher.
Do you store loan data in this calculator?
No. All calculations run locally with complete privacy.