FHA Loan Calculator

Professional FHA loan calculator that estimates monthly payment including principal & interest, FHA UFMIP and annual MIP, taxes, insurance, and HOA dues. Mobile-first, WCAG 2.1 AA, fast.

FHA Loan Calculator

This professional FHA loan calculator estimates your complete monthly payment (principal & interest, FHA UFMIP and annual MIP, property taxes, homeowners insurance, and HOA dues) so buyers and pros can plan with confidence.

Enter your loan details

$
$
%
$
$
$

Results

Base loan amount
$0
Financed UFMIP
$0
Total loan amount
$0
Monthly payment
$0
Principal & Interest: $0
Monthly MIP: $0
Taxes + Insurance + HOA: $0

FHA mortgage insurance: UFMIP & annual MIP

FHA loans include an up-front premium (UFMIP, typically 1.75% of the base loan) which may be financed, and an annual MIP paid monthly. Rates depend on LTV, loan amount, and term.

Formulae

BaseLoan = Price − DownPayment
UFMIP = BaseLoan × 0.0175 (typical)
TotalLoan = BaseLoan + UFMIP
PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years
PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA

Frequently asked questions

Is UFMIP always 1.75%?

That’s the common rate, but FHA policy can change; your lender’s disclosures govern.

Can I remove FHA MIP?

With sufficient principal reduction or refinance into a conventional loan, MIP can end; policy varies by case and LTV/term.

Minimum down payment?

Often 3.5% with qualifying credit; larger down payments lower MIP and payment.

Author: Ugo Candido. Reviewed by: Finance SME Team. Last updated: . Category: Finance › Mortgages.

Audit: Complete
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
\[','\]
','
Formula (extracted text)
BaseLoan = Price − DownPayment UFMIP = BaseLoan × 0.0175 (typical) TotalLoan = BaseLoan + UFMIP PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA
Variables and units
  • T = property tax (annual or monthly depending on input) (currency)
  • I = homeowners insurance (annual or monthly depending on input) (currency)
  • HOA = homeowners association dues (monthly) (currency)
Sources (authoritative):
Changelog
Version: 0.1.0-draft
Last code update: 2026-01-19
0.1.0-draft · 2026-01-19
  • Initial audit spec draft generated from HTML extraction (review required).
  • Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
  • Confirm sources are authoritative and relevant to the calculator methodology.
Verified by Ugo Candido on 2026-01-19
Profile · LinkedIn

Full original guide (expanded)

FHA Loan Calculator

This professional FHA loan calculator estimates your complete monthly payment (principal & interest, FHA UFMIP and annual MIP, property taxes, homeowners insurance, and HOA dues) so buyers and pros can plan with confidence.

Enter your loan details

$
$
%
$
$
$

Results

Base loan amount
$0
Financed UFMIP
$0
Total loan amount
$0
Monthly payment
$0
Principal & Interest: $0
Monthly MIP: $0
Taxes + Insurance + HOA: $0

FHA mortgage insurance: UFMIP & annual MIP

FHA loans include an up-front premium (UFMIP, typically 1.75% of the base loan) which may be financed, and an annual MIP paid monthly. Rates depend on LTV, loan amount, and term.

Formulae

BaseLoan = Price − DownPayment
UFMIP = BaseLoan × 0.0175 (typical)
TotalLoan = BaseLoan + UFMIP
PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years
PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA

Frequently asked questions

Is UFMIP always 1.75%?

That’s the common rate, but FHA policy can change; your lender’s disclosures govern.

Can I remove FHA MIP?

With sufficient principal reduction or refinance into a conventional loan, MIP can end; policy varies by case and LTV/term.

Minimum down payment?

Often 3.5% with qualifying credit; larger down payments lower MIP and payment.

Author: Ugo Candido. Reviewed by: Finance SME Team. Last updated: . Category: Finance › Mortgages.

Audit: Complete
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
\[','\]
','
Formula (extracted text)
BaseLoan = Price − DownPayment UFMIP = BaseLoan × 0.0175 (typical) TotalLoan = BaseLoan + UFMIP PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA
Variables and units
  • T = property tax (annual or monthly depending on input) (currency)
  • I = homeowners insurance (annual or monthly depending on input) (currency)
  • HOA = homeowners association dues (monthly) (currency)
Sources (authoritative):
Changelog
Version: 0.1.0-draft
Last code update: 2026-01-19
0.1.0-draft · 2026-01-19
  • Initial audit spec draft generated from HTML extraction (review required).
  • Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
  • Confirm sources are authoritative and relevant to the calculator methodology.
Verified by Ugo Candido on 2026-01-19
Profile · LinkedIn

FHA Loan Calculator

This professional FHA loan calculator estimates your complete monthly payment (principal & interest, FHA UFMIP and annual MIP, property taxes, homeowners insurance, and HOA dues) so buyers and pros can plan with confidence.

Enter your loan details

$
$
%
$
$
$

Results

Base loan amount
$0
Financed UFMIP
$0
Total loan amount
$0
Monthly payment
$0
Principal & Interest: $0
Monthly MIP: $0
Taxes + Insurance + HOA: $0

FHA mortgage insurance: UFMIP & annual MIP

FHA loans include an up-front premium (UFMIP, typically 1.75% of the base loan) which may be financed, and an annual MIP paid monthly. Rates depend on LTV, loan amount, and term.

Formulae

BaseLoan = Price − DownPayment
UFMIP = BaseLoan × 0.0175 (typical)
TotalLoan = BaseLoan + UFMIP
PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years
PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA

Frequently asked questions

Is UFMIP always 1.75%?

That’s the common rate, but FHA policy can change; your lender’s disclosures govern.

Can I remove FHA MIP?

With sufficient principal reduction or refinance into a conventional loan, MIP can end; policy varies by case and LTV/term.

Minimum down payment?

Often 3.5% with qualifying credit; larger down payments lower MIP and payment.

Author: Ugo Candido. Reviewed by: Finance SME Team. Last updated: . Category: Finance › Mortgages.

Audit: Complete
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
\[','\]
','
Formula (extracted text)
BaseLoan = Price − DownPayment UFMIP = BaseLoan × 0.0175 (typical) TotalLoan = BaseLoan + UFMIP PI = r × TotalLoan / (1 − (1 + r)^(−n)), with r = APR/12, n = 12×Years PITI = PI + MonthlyMIP + Tax/12 + Insurance/12 + HOA
Variables and units
  • T = property tax (annual or monthly depending on input) (currency)
  • I = homeowners insurance (annual or monthly depending on input) (currency)
  • HOA = homeowners association dues (monthly) (currency)
Sources (authoritative):
Changelog
Version: 0.1.0-draft
Last code update: 2026-01-19
0.1.0-draft · 2026-01-19
  • Initial audit spec draft generated from HTML extraction (review required).
  • Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
  • Confirm sources are authoritative and relevant to the calculator methodology.
Verified by Ugo Candido on 2026-01-19
Profile · LinkedIn
Formulas

(Formulas preserved from original page content, if present.)

Version 0.1.0-draft
Citations

Add authoritative sources relevant to this calculator (standards bodies, manuals, official docs).

Changelog
  • 0.1.0-draft — 2026-01-19: Initial draft (review required).