FHA Loan Calculator

Calculate payments for an FHA loan including upfront and annual mortgage insurance premiums.

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Loan Details

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30 years
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Loan Breakdown

Down Payment$12,250
Base Loan Amount$337,750
Upfront MIP$5,911
Total Loan Amount$343,661

Monthly Payment

Principal & Interest$2,172
Monthly MIP$239
Total Monthly Payment$2,411
Total Interest$438,320
How it works›

Model and assumptions. Adds the modeled property tax, insurance and mortgage-insurance costs to principal and interest. The loan payment uses a fixed monthly rate and level payments. Enter actual premiums and local costs; insurance eligibility, cancellation and escrow adjustments can differ by loan.CFPB: mortgage termsOpenStax: annuity formulas