FHA Loan Calculator

Calculate monthly payments including MIP for FHA loans.

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FHA Loan

Enter the home price, down payment, rate, and term.

Total monthly payment
$0
P&I: $0
Principal & interest
$0
Upfront MIP
$0
Annual MIP
$0
Monthly MIP
$0
Total monthly payment
$0
Loan amount
$0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Home price ($)$350,000
Down payment (%)3.5%
Interest rate (%)6.5%
Loan term (years)30 years
ResultValue
Total monthly payment$2,327
Principal & interest$2,172
Upfront MIP$5,911
Annual MIP$1,858
Monthly MIP$155
Loan amount$337,750

Values shown are produced by this page in your browser; change any input to update them.

How to use the FHA Loan

  1. Home price ($) — default $350,000
  2. Down payment (%) — default 3.5%
  3. Interest rate (%) — default 6.5%
  4. Loan term (years) — default 30 years
  5. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references