Mortgage Calculator — FHA Loan

An FHA loan lets buyers put as little as 3.5% down, but that low down payment triggers mortgage insurance that is added on top of principal and interest. This page pre-fills a 3.5% down payment and an annual mortgage insurance premium so you can estimate the all-in monthly cost of a low-down-payment FHA scenario.

Monthly mortgage payment estimate

Home priceDown payment (%)Interest rate (% APR)Loan term (years)Property tax (per year)Home insurance (per year)PMI (% of loan / year)HOA dues (per month)

Estimated payment, per month

$3,472.78

Loan amount: $434,250
Down payment: 3.5%
Total interest: $528,301

Monthly payment breakdown

Principal & interest$2,673.75

Property tax$450.00

Home insurance$150.00

PMI$199.03

Estimate using fixed-rate amortization plus the taxes, insurance, PMI, and HOA you enter. PMI is included only when the down payment is under 20% and is not auto-cancelled here. Not a rate lock, pre-approval, or financial advice.