🏛️ FHA Loan Calculator
Calculate FHA loan payments including mortgage insurance premiums and low down payment benefits
🏠 Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, and insurance
🏠 Mortgage Tips
- • A 20% down payment helps you avoid PMI
- • Consider 15-year loans for lower total interest costs
- • Shop around with multiple lenders for the best rates
- • Factor in closing costs (typically 2-5% of loan amount)
- • Get pre-approved to strengthen your offer
- • Consider property taxes and insurance in your budget
How to Use
1. Enter the home purchase price
2. Set FHA down payment (as low as 3.5%)
3. Input current FHA interest rates
4. Calculate upfront and annual mortgage insurance
5. Review total monthly payment with MIP
6. Compare with conventional loan options
Features
✓ FHA-specific payment calculations
✓ Mortgage Insurance Premium (MIP) calculations
✓ Low down payment scenarios (3.5%)
✓ FHA loan limit verification
✓ First-time buyer benefits analysis
✓ Comparison with conventional loans