FHA Loan Calculator – Estimate Your Monthly Mortgage Payments

Our FHA Loan Calculator helps you estimate your monthly mortgage payments, including principal, interest, mortgage insurance (MIP), property taxes, homeowners insurance, and other costs associated with an FHA loan.

Key Features:

✔ Home Price & Down Payment – Calculate based on your home price and minimum 3.5% down payment.
✔ Loan Terms – Adjust loan duration (15 or 30 years) and interest rate.
✔ FHA Mortgage Insurance (MIP) – Includes Upfront MIP (1.75%) and Annual MIP (0.85%) calculations.
✔ Optional Costs – Add property taxes, home insurance, HOA fees, and other expenses.
✔ Amortization Schedule – View yearly breakdown of interest vs. principal payments.
✔ Total Loan Cost – See the full repayment amount, including interest and fees.

Why Use an FHA Loan?

FHA loans are popular among first-time homebuyers and those with lower credit scores because they require:

• Low down payment (as little as 3.5%)
• More flexible credit requirements
• Competitive interest rates

How It Works:

1. Enter your home price, down payment %, and loan term.
2. Adjust interest rate, MIP, and other optional costs.
3. Click “Calculate” to see your estimated monthly payment and full loan breakdown.

🔹 Plan smarter with our FHA Loan Calculator and make informed home buying decisions! 🏡💰