FHA Loan Calculator
FHA Loan Calculator
Calculate your FHA loan payments including both upfront and annual Mortgage Insurance Premiums (MIP).
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3.5%20%
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FHA requires a minimum 3.5% down with a 580+ credit score. MIP is required for the life of the loan if your down payment is less than 10%.
Monthly Payment (P&I + MIP)
$2,659
P&I: $2,482 + Monthly MIP: $177
Upfront MIP (1.75%)
$6,755
Financed into your loan amount
Total Loan Amount
$392,755
Base loan $386,000 + Upfront MIP $6,755
Monthly MIP
$177
0.55% annual rate (<5% down)
How to Use This Calculator
Enter the purchase price, your down payment (minimum 3.5% for FHA), interest rate, and loan term to see your full FHA monthly payment. The calculator automatically applies the FHA upfront MIP of 1.75% and the annual MIP based on your loan-to-value ratio and term.