FHA Loan calculator.
Estimate an FHA mortgage payment with down payment, upfront MIP, annual MIP, property taxes, homeowners insurance, HOA dues, other costs, and optional extra payments.
Use the FHA Loan Calculator.
Enter the home price, down payment, FHA MIP settings, and monthly housing costs. Results update automatically as you type.
Enter FHA loan details
Purchase and loan
Start with the purchase price, down payment, term, and interest rate.
FHA mortgage insurance
FHA loans commonly include both upfront MIP and annual MIP paid monthly.
Taxes, insurance, and monthly costs
Add recurring ownership costs to estimate the full out-of-pocket payment.
Optional extra payments
Estimate how extra principal payments could reduce interest and shorten the payoff time.
Example calculation loads automatically on first page load. Use Load example to restore the sample anytime, or Clear fields to reset the calculator.
Enter your FHA loan details to estimate monthly cost.
Monthly payment mix
Donut chart showing the estimated payment components.
Output comparison chart
Horizontal bars compare major FHA loan outputs.
Visual breakdown of results
Key FHA payment outputs appear here as soon as you enter values.
About the FHA Loan Calculator
This FHA loan calculator estimates the monthly and total cost of a Federal Housing Administration insured mortgage. It includes the FHA-specific costs that ordinary mortgage calculators often miss, especially upfront mortgage insurance premium and annual mortgage insurance premium.
What the calculator includes
The calculator uses house price, down payment, interest rate, loan term, upfront MIP, annual MIP, property taxes, homeowners insurance, HOA dues, and other recurring costs. It also includes optional extra monthly, yearly, and one-time principal payments to estimate payoff and interest changes.
FHA mortgage insurance
FHA loans typically include an upfront MIP and an annual MIP. Upfront MIP is often financed into the loan, while annual MIP is usually divided into monthly installments. Actual rates and duration depend on current FHA rules, loan-to-value ratio, term, and other loan details.
Overview
PRECISR’s FHA Loan Calculator answers: “What will my FHA mortgage payment be with MIP?” Enter price, down payment, rate, term, upfront MIP, annual MIP, taxes, insurance, HOA, and other costs. The tool returns principal and interest, monthly MIP, total monthly cost, upfront MIP, cash needed, interest paid, and visual cost charts.
Important disclaimer
⚠ Disclaimer: This calculator is for general estimation and education only. It does not guarantee FHA eligibility, loan approval, exact MIP duration, official HUD calculations, property eligibility, taxes, insurance, closing costs, or lender pricing.
FHA Loan Calculator FAQ
What is an FHA loan?
An FHA loan is a mortgage insured by the Federal Housing Administration. FHA loans are often used by borrowers who need flexible credit or lower down payment options.
What is upfront MIP?
Upfront MIP is a one-time FHA mortgage insurance premium. It is commonly 1.75% of the base loan amount and is often financed into the mortgage balance.
What is annual MIP?
Annual MIP is FHA mortgage insurance charged each year and typically paid monthly. The rate and duration can vary based on loan term, loan amount, and loan-to-value ratio.
Does the calculator include taxes and insurance?
Yes. It includes annual property tax, annual homeowners insurance, HOA dues, and other monthly costs so the total payment estimate is closer to an out-of-pocket housing cost.
Can FHA mortgage insurance be removed?
It depends on the loan details and FHA rules. Some FHA annual MIP lasts for the full term, while some may end after a set period. Check your official loan documents or lender guidance.
Does this calculator determine FHA approval?
No. It is onlBtn=$('fhaExampleButton'); if(exampleBtn) exampleBtn.addEventListener('click',loadExample); var clearBtn=$('fhaClearButton'); if(clearBtn) clearBtn.addEventListener('click',function(e){ if(e&&e.preventDefault)e.preventDefault(); clearFields(false); }); window.precisrFHACalc=calculate; window.precisrFHALoadExample=loadExample; window.precisrFHAClearFields=clearFields; loadExample(); } if(document.readyState==='loading') document.addEventListener('DOMContentLoaded',bind); else bind(); })();