FHA Loan Calculator

Estimate an FHA-style loan payment (excludes MIP — add insurance separately).

FHA Loan Calculator helps you estimate an FHA-style loan payment (excludes MIP — add insurance separately). Enter loan amount, annual rate, and term, review the breakdown, and use the guidance below to understand what the number means — and what it does not. What the FHA loan calculator does FHA Loan Calculator is built for money decisions — loans, savings, payments, and taxes. Estimate an FHA-style loan payment (excludes MIP — add insurance separately). You enter loan amount, annual rate, and term, then Simple Calculators computes the result instantly. Rates, fees, and tax rules vary by lender and country, so treat results as planning numbers, not a contract. How the math works Enter the Loan amount, Annual rate and Term in years. The monthly payment uses the standard fixed-rate formula: payment = amount × r × (1 + r)^n ÷ ((1 + r)^n − 1), where r is the annual rate ÷ 12 and n is the number of monthly payments. FHA mortgage insurance (MIP), property tax and home insurance are not included, so your real monthly payment will be higher. The formula: M = P × r × (1 + r)^n ÷ ((1 + r)^n − 1). P is the amount borrowed, r is the monthly interest rate (annual rate ÷ 12) and n is the number …