FHA Loan Calculator
Calculate FHA loan payments including principal, interest, mortgage insurance, and total costs. Determine your monthly payment and loan affordability.
Step 1: Loan Details
FHA Loan Requirements
Minimum down payment: 3.5% with 580+ credit score
Mortgage Insurance Premium (MIP) required
Loan limits vary by county
Step 2: Additional Costs & Options
FHA Mortgage Insurance (MIP)
Upfront MIP: 1.75% of loan amount
Annual MIP: 0.55% – 1.05% based on LTV and term
Required for entire loan term if down payment < 10%
FHA Loan Payment Results
Estimated Monthly Payment
Loan Amortization (First 5 Years)
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
FHA Loan Details
FHA Loan Benefits
• Lower down payment (as low as 3.5%)
• More flexible credit requirements
• Higher debt-to-income ratios allowed
• Can be used for primary residence only
• Loan limits vary by location
Need Professional Mortgage Advice?
Connect with our mortgage experts for personalized FHA loan guidance, pre-approval assistance, and competitive rate comparisons for your home purchase.
Get Mortgage Advice