Estimate the monthly mortgage payment on an FHA-style loan, with tax and insurance.
The method behind this calculator
Enter the price, down payment and terms to estimate the full monthly payment. FHA loans allow low down payments but include mortgage insurance — check current program rules.
How to fill it in
- Enter your figures in the fields provided.
- The result updates as you type.
- Review the breakdown below the main number.
The formula
monthly = principal & interest + tax/12 + insurance/12
A worked example
As an example, with a home price of 350,000, interest rate of 6.5%, the calculator returns a monthly payment of $2,186.46. Underneath, Principal & interest comes out at $1,769.79 and Tax + insurance + HOA at $416.67. Change any field and every figure updates as you type.
Questions people ask about this
What is an FHA loan?
A government-backed mortgage allowing lower down payments, with required mortgage insurance.
Does this include mortgage insurance?
It estimates principal, interest, tax and insurance; confirm FHA-specific premiums with a lender.