FHA Loan Calculator
FHA loan payment calculator with upfront FHA MIP, FHA mortgage insurance, property taxes, and homeowners insurance.
%
Tax & Insurance
Payment $3,846
| Principal & Interest | $2,697 |
| Property Tax | $750 |
| Home Insurance | $200 |
| Estimated PMI | $199 |
Income Benchmarks
| Housing Ratio | |
|---|---|
| 25% | $185,000 |
| 35% | $132,000 |
| 40% | $116,000 |
| ~ Allowable Debt |
|---|
| $2,780 |
| $880 |
| $310 |
Allowable debt is an estimate of monthly debt payments given your inputs and the income calculated to maintain a debt-to-income ratio below 43%.
Loan $488,400
| Purchase Price | $600,000 |
| Down Payment • 20% | $120,000 |
| Total Mortgage Payments | $1,042,445 |