FHA Loan Calculator
Calculate FHA loan payments including upfront and annual mortgage insurance premiums (MIP). See how much you can borrow with just 3.5% down payment.
FHA minimum: 3.5% with 580+ credit score
FHA Loan Payment
Monthly Payment
$2,466.92
Total Loan Amount
$294,566.25
Includes $5,066 upfront MIP
Total Interest
$375,703.02
Over 30 years
FHA Mortgage Insurance
Amortization Schedule
Shows how your loan balance decreases over time as you build equity
About FHA Loans
- •Low down payment: Only 3.5% down with a 580+ credit score
- •Flexible credit: Available to borrowers with credit scores as low as 500 (with 10% down)
- •Mortgage insurance: Required for all FHA loans (upfront + annual MIP)
- •Loan limits: Vary by county, typically $472,030 to $1,089,300 in 2024
- •Best for: First-time buyers, those with lower credit, or limited savings
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How to Use This FHA Loan Calculator
This free fha loan calculator helps you make informed financial decisions. Simply enter your values above and see your results instantly - no signup required.
Why Use Our Calculator?
- •Instant Results: See calculations update in real-time as you adjust values
- •Visual Charts: Understand your finances with interactive visualizations
- •Mobile Friendly: Works perfectly on any device
- •100% Free: No hidden fees or signup required