FHA Loan Calculator

Modifiy The Values And Click The Calculate Button To Use

Home Price 
Down Payment
Loan termyears
Interest rate 
Upfront FHA MIP 
Annual FHA MIP 
Annual FHA
MIP Duration

Property Taxes
Home Insurance/Year
HOA Fee/Year
Other Costs/Year
Start Date
 

Monthly Pay:   $3,076.02

 MonthlyTotal
Mortgage Payment$3,076.02$1,107,365.41
Property Tax$500.00$180,000.00
Home Insurance$208.33$75,000.00
Annual MIP$221.15$79,612.50
Other Costs$416.67$150,000.00
Total Out-of-Pocket$4,422.16$1,591,977.91
31%39%11%5%9%5%PrincipalInterestProperty TaxesAnnual MIPOther CostHome Insurance
House Price$500,000.00
Loan Amount with Upfront MIP$491,250.00
Down Payment$17,500.00
Upfront MIP$8,750.00
Total of 360 Mortgage Payments$1,107,365.41
Total Interest$616,115.41
Mortgage Payoff DateApr. 2056
 
If Payback Bi-weekly without Extra Payments
Bi-weekly Payment$1,538.01
Total Interest$438,547.95
Payoff23.27 years

Amortization schedule

Annual Schedule     Monthly Schedule
YearDateInterestPrincipalEnding
Balance
15/26-
4/27
$31,327$5,585$485,665
25/27-
4/28
$30,958$5,954$479,711
35/28-
4/29
$30,565$6,347$473,364
45/29-
4/30
$30,146$6,766$466,598
55/30-
4/31
$29,699$7,213$459,385
65/31-
4/32
$29,223$7,689$451,696
75/32-
4/33
$28,716$8,196$443,500
85/33-
4/34
$28,175$8,738$434,762
95/34-
4/35
$27,598$9,314$425,448
105/35-
4/36
$26,983$9,929$415,518
115/36-
4/37
$26,327$10,585$404,933
125/37-
4/38
$25,629$11,284$393,650
135/38-
4/39
$24,884$12,029$381,621
145/39-
4/40
$24,090$12,823$368,799
155/40-
4/41
$23,243$13,669$355,129
165/41-
4/42
$22,341$14,572$340,558
175/42-
4/43
$21,379$15,534$325,024
185/43-
4/44
$20,353$16,559$308,465
195/44-
4/45
$19,260$17,652$290,813
205/45-
4/46
$18,095$18,818$271,996
215/46-
4/47
$16,852$20,060$251,936
225/47-
4/48
$15,528$21,384$230,552
235/48-
4/49
$14,116$22,796$207,756
245/49-
4/50
$12,611$24,301$183,455
255/50-
4/51
$11,007$25,905$157,550
265/51-
4/52
$9,297$27,615$129,935
275/52-
4/53
$7,474$29,438$100,497
285/53-
4/54
$5,531$31,382$69,115
295/54-
4/55
$3,459$33,453$35,662
305/55-
4/56
$1,250$35,662$0
Year$0$500K$1M$1.5M051015202530BalanceInterestPayment

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