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FHA Loan Calculator

Estimate your monthly mortgage payment, upfront & annual MIP, total out-of-pocket costs, and view full amortization schedule for FHA loans.

FHA Loan Inputs

Home Price ($)

Down Payment

Loan Term (Years)

Interest Rate (%)

Upfront FHA MIP (%)

Annual FHA MIP (%)

Annual FHA MIP Duration

Include Property Tax, Insurance, HOA & Other Costs

Property Tax Rate (%/year)

Home Insurance ($/year)

HOA Fee ($/year)

Other Annual Costs ($)

Start Month

Start Year

Monthly Payment (All-in)

$0.00

Cost Type	Monthly	Total
Mortgage (P&I)	$0.00	$0.00
Property Tax	$0.00	$0.00
Home Insurance	$0.00	$0.00
Annual MIP	$0.00	$0.00
Other Costs	$0.00	$0.00
Total Out-of-Pocket	$0.00	$0.00

Lifetime Cost Breakdown

House Price $0

Loan Amount (with Upfront MIP) $0

Down Payment $0

Upfront MIP $0

Total Mortgage Payments $0

Total Interest $0

Payoff Date --

Amortization Schedule

Year	Interest	Principal	Ending Balance

Month	Interest	Principal	Ending Balance

FHA Loan Calculator Guide

Key FHA Features

Minimum down payment: 3.5%
Upfront MIP: 1.75% (added to loan)
Annual MIP: 0.55% (most cases) — paid monthly
MIP duration: Full term or 11 years (if ≥10% down)

Important Notes

FHA loans are great for first-time buyers with lower credit scores. However, the mortgage insurance (MIP) adds to your monthly payment and cannot be removed unless you refinance into a conventional loan later.