FHA Calculator

Use our FHA mortgage calculator to help you determine your monthly and bi-weekly mortgage payments. rnu003cbr/u003ernu003cbr/u003ernOur FHA calculator includes the Annual Mortgage Insurance Premium (MIP) and the Upfront Mortgage Insurance Premium (UFMIP), giving you the most accurate calculation available.u003cbr/u003ernu003cbr/u003ernThe FHA mortgage calculator also helps you forecast the actual cost of owning a home over the term of your mortgage. It does this by including one-time expenses, such as home furnishings and closing costs, in addition to ongoing expenses like property taxes and homeowner’s insurance.u003cbr/u003ernu003cbr/u003ernCalculate your payment below.

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rnrnu0026nbsp;rnrnTo get the most out of our FHA mortgage calculator, keep the following tips in mind:rnu003culu003ern tu003cliu003eFHA loan limits are different depending on where you live and what kind of home you’re looking for, it’s important to look up u003ca href=u0022https://entp.hud.gov/idapp/html/hicostlook.cfmu0022u003eFHA loan limitsu003c/au003e for your area.u003c/liu003ern tu003cliu003eThe current minimum FHA loan down payment is 3.5%u003c/liu003ern tu003cliu003eThe FHA requires interested borrowers to pay a one-time upfront mortgage insurance premium and an ongoing mortgage insurance premium, based on several factors — such as credit score and loan amortization period.u003c/liu003ern tu003cliu003eOur FHA mortgage calculator will pre-calculate the u003ca href=u0022https://www.hud.gov/program_offices/housing/comp/premiums/ufpliu0022u003eUFMIPu003c/au003e and an u003ca href=u0022https://www.hud.gov/program_offices/housing/comp/premiums/annual_mipu0022u003eannual MIPu003c/au003e based on current rates.u003c/liu003ernu003c/ulu003ernu003c!u002du002d /wp:list-item u002du002du003ernrnu003c!u002du002d /wp:list u002du002du003e u003c!u002du002d wp:paragraph u002du002du003ernrnSimply plug in your personal information, such as down payment amount, income, and how long you want to take to pay back the mortgage.