FHA loan payment calculator
John Cobain · Edge Home Finance · NMLS #374881
Loan details
Enter the purchase price to auto-fill the down payment
Defaulting to FHA minimum — 3.5% down. Edit to adjust.
Monthly costs
~1% of home price is a common estimate
FHA mortgage insurance (MIP)
FHA has two MIP components:
Upfront MIP — 1.75% of the base loan, rolled into your loan balance at closing.
Annual MIP — paid monthly, based on your loan amount, term, and down payment.
Upfront MIP — 1.75% of the base loan, rolled into your loan balance at closing.
Annual MIP — paid monthly, based on your loan amount, term, and down payment.
Enter a home price above — the down payment and taxes will auto-fill at FHA minimums, and you can adjust from there.
This calculator provides estimates for educational purposes only and is not a commitment to lend. FHA MIP rates are based on current HUD guidelines and subject to change. Upfront MIP of 1.75% is rolled into the loan balance. Contact John Cobain at Edge Home Finance for a personalized FHA quote.
