FHA Loan Calculator
FHA Loan Calculator
Determine your FHA down payment, mortgage limit and upfront MIP.
What This Number Means
This estimate is only one part of the decision. Before you apply for FHA financing, consider:
Your required FHA down payment amount
How much you can borrow under FHA loan limits
The upfront and monthly mortgage insurance premium (MIP) cost
How MIP affects your total monthly payment
Whether an FHA loan is more affordable than conventional financing for you
How to Use This Calculator
1
Enter the home price: Input the purchase price of the home.
2
Add your down payment: Enter the down payment amount, as low as FHA guidelines allow.
3
Confirm the interest rate: Enter the expected FHA loan interest rate.
4
Review your down payment, limit, and MIP: See your FHA down payment, mortgage limit, and upfront MIP.
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