🏡 FHA Loan Calculator

$
%
%
$/ year
$/ year
$/ month
Conventional loan comparison
%
% / year
Typically 0.3%–1.5% depending on credit score; drops off at 78% loan-to-value.

FHA monthly payment

$2,770.78

$2,115.98 principal & interest + $154.80 MIP + $500.00 tax, insurance & HOA

Down payment$12,250.00 (3.5%)
Base loan amount$337,750.00
Upfront MIP (1.75%, financed)$5,910.63
Total FHA loan$343,660.63
Principal & interest$2,115.98
Annual MIP (0.55% a year)$154.80 / month
Property tax, insurance & HOA$500.00 / month
Loan-to-value
96.5%
MIP lasts
Life of the loan
Conventional payment
$2,803.69
FHA saves per month
$32.91

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