FHA Mortgage Payment Calculator

The FHA payment calculator calculates an accurate FHA mortgage payment by accounting for the FHA upfront mortgage insurance premium, monthly FHA mortgage insurance, property taxes, and homeowner's insurance.

FHA Loan Payment Calculator

View 2018 FHA Loan Limits

Common FHA Down Payments
Property Tax rate: 0 Homeowner's Insurance rate: 0

FHA Payment Breakdown

Principal & Interest
Monthly Escrow
FHA Mortgage Payment FHA


Related: Do I qualify for an FHA loan?

FHA Loan Breakdown

Minimum Down Payment 3.5%
Your Down Payment
Down Payment Percentage
FHA Base Loan Amount
FHA Upfront MIP
FHA Total Loan Amount

Continue to Request an FHA Quote

FHA Loan Summary

Next: FHA vs. Conventional Loan

FHA Loans

What is an FHA loan?

Put simply, an FHA loan is a loan used to buy a family home by millions of Americans. FHA loans are typically 30 year mortgages (A mortgage is a fancy way of saying a loan with a house used as collateral) but can have 15 year terms. Most FHA loans have fixed interest rates, which means the interest rate will not change at any point throughout the loan term.

FHA loans are federally insured mortgage loans requiring only a 3.5% down payment. FHA loans can by used by first-time & experienced homebuyers alike. Our FHA payment calculator accounts for all of FHA's quirks, including upfront & annual mortgage insurance premiums.

FHA loans are mortgages backed by the Federal Housing Administration (FHA). FHA allows lenders to make mortgage loans with only 3.5% down payments. For most home buyers FHA is the mortgage option that keeps out of pocket money to a minimum.

FHA Loan Features

  • Only 3.5% Down Payment
  • Low Interest Rates
  • More Flexible Credit Standards
  • Manufactured Homes
  • 203k Renovation Loans
  • 2018 FHA Loan Limit Lookup

HUD Suspends FHA Annual Mortgage Insurance Reduction

On Friday, January 20, 2017, HUD suspended the announced MIP rate cut indefinitely. We are leaving the checkbox to demonstrate the impact on FHA homebuyers.

FHA has lowered their annual mortgage insurance premium. This fee is paid monthly, so FHA loans closing after January 27, 2017, will have lower monthly payments! Check this box to see the difference.

FHA fees and insurance for 2017 have not change from 2016.

Thank you!

To the real estate agents & new homebuyers who count on our FHA payment calculator, thank you for supporting www.whatsmypayment.com.

If you're ready to take the next step, get preapproved for your FHA loan.

Equal Housing Lender

*All calculations on www.WhatsMyPayment.com are for demonstration purposes only.
Every effort is made to maintain accurate calculations for each program listed. Actual numbers may vary.

What's My Payment, LLC & whatsmypayment.com are not affiliated with any government agency, nor do we originate mortgage loans.
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