FHA Loan Calculator

🇺🇸 US-specific: FHA loans are a US federal mortgage program (insured by the Federal Housing Administration) — this tool doesn't apply outside the US mortgage system.

Home price Down payment (%) — FHA minimum is 3.5% 3.5 Interest rate (annual %) Term (years) Upfront MIP (%) — 2026 standard rate: 1.75% Annual MIP (%) — 0.55% is typical above 95% LTV, 0.50% at or below

Base loan amount $0.00

Upfront MIP (financed into loan) $0.00

Principal & interest $0.00

Monthly MIP $0.00

Total monthly payment $0.00

<iframe src="https://olltools.com/embed/finance-calc/fha-loan-calculator" width="100%" height="400" frameborder="0"></iframe>

Free FHA loan calculator with both upfront MIP (financed into the loan) and monthly MIP included in the payment — using the 2026 standard rates (1.75% upfront, 0.55% annual) as adjustable defaults.

This tool is for informational purposes only and is not a substitute for professional financial or medical advice. Consult a qualified professional before making decisions. See our Disclaimer.

How it works

Enter the home price and your down payment (FHA minimum is 3.5%)
Upfront MIP (1.75% by default) is calculated and financed into the loan balance automatically
See principal & interest, monthly MIP, and your total monthly payment together

Frequently asked questions

What is MIP?

Mortgage Insurance Premium — required on all FHA loans regardless of down payment size, unlike conventional loans where PMI drops off at 20% equity. There's an upfront MIP (typically 1.75% of the loan, usually rolled into the loan balance) and an ongoing monthly MIP.

Why does this only apply to US mortgages?

FHA is a specific US federal program (Federal Housing Administration) — it doesn't have an equivalent in other countries' mortgage systems.

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From the blog

finance-calc

FHA loans charge mortgage insurance no matter how much you put down. Most calculators bury that in the fine print.

A $350,000 FHA loan with 3.5% down adds $5,910.63 in upfront MIP straight to the loan balance — before the monthly MIP even starts.

2026-09-01

Update history

2026-09-03 Bounded numeric fields are now sliders instead of number inputs.
2026-09-01 Added: a cover image (a small house with a shield-shaped badge overlapping its roof, a percentage sign inside the shield) — used as the card thumbnail, social share image, and blog title image.
2026-09-01 Launched: FHA loan calculator (no button) — upfront MIP financed into the loan, monthly MIP, and total payment using 2026 standard rates as adjustable defaults. Entirely client-side.