FHA Loan Calculator

Calculate FHA loan payments and MIP insurance

Home Price ($)

Down Payment (%)

Interest Rate (%)

Loan Term (Years)

Property Tax ($/year)

Home Insurance ($/year)

Down Payment

Base Loan Amount

UFMIP (1.75%)

Financed into loan

Total Loan Amount

Monthly MIP

0.55% annual MIP

Total Monthly Payment

P&I + MIP + Tax + Insurance

About FHA Loans

FHA loans require minimum 3.5% down payment and include mortgage insurance premiums: UFMIP (1.75% upfront, financed) and annual MIP (0.55% for 30-year loans). MIP typically lasts for the life of the loan.