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FHA Loan Calculator

FHA mortgage payment estimator.

How to use FHA Loan Calculator

  1. Purchase Price: Home cost.
  2. Down Payment: Minimum 3.5%.
  3. Credit Score: Affects rate.
  4. Calculate: Monthly payment including MIP.

About FHA Loan Calculator

The FHA Loan Calculator estimates payments for government-backed FHA loans. These allow for low down payments (3.5%) but require Mortgage Insurance Premiums (MIP) for the life of the loan.

Ideal for first-time homebuyers with lower credit scores.