FHA Loan Calculator

Use this FHA mortgage calculator to get a monthly payment estimate to help ensure that you get a home that fits in your budget.

How To Use Our FHA Loan Calculator

Prospective FHA home loan buyers should answer the question, “what is the monthly payment of a home if I use an FHA loan?” By getting an estimate on how much a home will cost with an FHA loan you can avoid wasting time by limiting your home search to homes you can afford. This calculator will also help you make smarter financial decisions throughout the home searching and purchasing process. FHA loan limits change based on the location the home is purchased in. Please keep this in mind when entering in your location information. Please understand that this calculator is merely a starting point for estimating monthly home payments.

Assumptions: Increasing Accuracy

By clicking on the + assumptions link, users can alter some of the calculations by inputting loan type, mortgage rate, estimated annual property taxes, estimated upfront mortgage insurance premium (FHA MIP), and homeowners association dues. To get an accurate FHA loan interest rate be sure to input your information on our FHA loan rates page.