How the FHA Loan Calculator works
FHA loans allow down payments as low as 3.5%, but they carry both an upfront and an annual mortgage insurance premium. That MIP usually stays for the life of the loan, so include it in every comparison.
Estimate an FHA mortgage payment including the mortgage insurance premium.
Read the full FHA Loan Calculator guide →FHA loans allow down payments as low as 3.5%, but they carry both an upfront and an annual mortgage insurance premium. That MIP usually stays for the life of the loan, so include it in every comparison.