What is this calculator?
Estimate principal and interest with an upfront program fee you enter.
What can you use it for?
Use this tool to compare a financial scenario using the assumptions you control. Estimate principal and interest with an upfront program fee you enter.
How to use it
- Enter purchase price.
- Enter down payment.
- Enter financed upfront insurance/funding fee.
- Enter annual rate (%).
- Enter term (years).
- Enter monthly insurance/other charge.
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
The fixed-rate monthly payment is added to your entered monthly insurance or other charge.
Worked example
Purchase price: 300000, Down payment: 15000, Financed upfront insurance/funding fee: 5000, Annual rate (%): 6, Term (years): 30, Monthly insurance/other charge: 100. The result is 1,838.69652294 (estimated monthly payment).
Assumptions and limits
Use current official program fees for your situation. No eligibility check or automatic FHA/VA fee schedule.
Frequently asked questions
What inputs does the FHA Loan Calculator need?
Use purchase price, down payment, financed upfront insurance/funding fee, annual rate (%), term (years), monthly insurance/other charge. Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the FHA Loan Calculator?
Use current official program fees for your situation. No eligibility check or automatic FHA/VA fee schedule.