Free FHA Loan Calculator

Mortgage & Real Estate

FHA Loan Calculator

Estimate FHA mortgage payments including upfront and annual MIP.

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Formula

$$L \;=\; (\text{Price}-\text{Down}) + 0.0175\,(\text{Price}-\text{Down}),\qquad \text{MIP}_{\text{mo}}\approx\frac{0.0055\,L}{12}$$
Where
Ltotal loan with MIP
Pricehome price
Downdown payment
MIPmortgage insurance premium

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About Tariq

Tariq writes simple, practical guides on personal finance, loans, credit, and money management at QuickGuideSpace — helping readers understand debt, borrowing, and everyday money decisions without the jargon.

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