FHA Loan Calculator

An FHA loan is a government-backed conforming loan insured by the Federal Housing Administration. FHA loans have lower credit and down payment requirements for qualified homebuyers. For instance, the minimum required down payment for an FHA loan is only 3.5% of the purchase price.

Results

Your estimated total monthly payment:

$1,953
Principal & Interest: $1,264
Mortgage Insurance: $189
Property Taxes: $417
Homeowners Insurance: $167

Change views:

Breakdown of the total monthly payment

Payment over time

Amortization schedule

Year Principal Interest Balance

Inputs

Move the sliders or enter a number to change the amounts. The calculator results will automatically update as you adjust the values.

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$50K $1M
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3.5% 50%
$50,000
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2% 10%
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$0 $20K
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$0 $10K

This calculator provides estimates for informational purposes only. Actual loan terms and payments may vary.