CALCIDA

FHA Loan Calculator

Written by Calcida Team
Reviewed by Financial Review Process
Last updated: April 2026

Calculations are rooted in standard financial formulas and are provided as educational estimates only. They do not constitute professional financial advice. Results may vary based on actual interest rates and fees. You should verify all numbers with a certified financial professional prior to making significant financial commitments. Read our editorial commitment →

Calculate monthly payments for an FHA loan, including upfront and monthly mortgage insurance premiums (MIP).

Built specifically for borrowers estimating monthly payments and total interest on a fixed-rate loan, this engine analyzes Loan amount, Interest rate, Loan term to output monthly payment, total interest, and total cost.

Context:Mortgage CalculatorsMain DirectoryMortgage Payment Calculator with Taxes and InsuranceMortgage Affordability Calculator

Total Monthly Payment

$1,995
P&I$1,862
Monthly MIP$133
Down Payment$10,500
Advertisement
Financial Insight Placement Zone

How This Calculator Works

This calculator estimates results using standard financial math based on the inputs you provide. It is designed for quick comparisons so you can understand how key variables affect the outcome.

  • Enter realistic inputs (amounts, rates, and time periods).
  • Review the computed result and any breakdown shown in the tool.
  • Adjust home price, down payment, and loan term to see how monthly payments and total interest change.

For related tools and deeper comparisons, browse Mortgage Calculators.

Advertisement
Financial Insight Placement Zone

Formula

M = P × [ i(1 + i)^n ] / [ (1 + i)^n − 1 ]
M
monthly payment Description
P
principal (loan amount) Description
i
monthly interest rate (annual / 12) Description
n
number of monthly payments Description
•Total Interest ≈ (M × n) − P.

Example Calculation

Loan amount$25,000
Rate6.50%
Term5 years
Calculated Outcome
Estimated monthly payment
≈ $489
Advertisement
Financial Insight Placement Zone

Tips for Better Estimates

  • Use the best available rate (quote, current APR, or a conservative assumption).
  • Model multiple scenarios by changing one input at a time.
  • Include fees, taxes, and deductions when they materially affect the total.
  • Compare alternatives using the calculators directory or the related calculators section.

Explore Related Tools

Continue with Mortgage Calculators to compare similar calculators and validate your assumptions across different scenarios.

Advertisement
Financial Insight Placement Zone

Continue Your Analysis

Mortgage Payment Calculator with Taxes and InsuranceCalculate now →Mortgage Affordability CalculatorCalculate now →PMI CalculatorCalculate now →Reverse Mortgage CalculatorCalculate now →Mortgage Amortization Calculator & ScheduleCalculate now →Biweekly Mortgage Calculator: Save on InterestCalculate now →

Toolkit

Advertisement
Financial Insight Placement Zone