FHA Loan Calculator
CaliforniaCalculator.netPurchase and loan details
Initial monthly payment: $3,144.24
- Base FHA loan
- $386,000
- Financed loan with UFMIP
- $392,755
- Initial monthly MIP
- $175.98
- Estimated cash to close
- $24,000
FHA insurance and limit check
0.55% annual MIP for the mortgage term under the cited standard forward-mortgage schedule.
- Upfront MIP
- $6,755.00
- Loan-to-value
- 96.50%
- Entered local limit
- $541,287.00
- Limit check
- $155,287 remaining
- Principal and interest
- $2,418.26
- FHA mortgage insurance
- $175.98
- Property tax
- $400.00
- Home insurance
- $150.00
- HOA
- $0.00
- Total estimated interest
- $477,818.56
- Total estimated annual MIP
- $41,325.12
Important notes
- This is an educational estimate, not an FHA eligibility decision, approval, or lender quote.
- Property taxes, insurance, HOA dues, closing costs, rates, and escrow payments can change; this estimate holds entered values constant.
- The default local limit is the 2026 one-unit national low-cost floor. Replace it with the applicable county limit when different.
Initial monthly payment
$3,144.24 across the entered mortgage and housing costs
| Principal & interest | $2,418.26 | 77% |
|---|---|---|
| FHA mortgage insurance | $175.98 | 6% |
| Property tax | $400.00 | 13% |
| Home insurance | $150.00 | 5% |
Balance and mortgage insurance
Year-end financed balance and cumulative FHA annual MIP
| Year | Ending balance | Cumulative MIP |
|---|---|---|
| 1 | $388,153 | $2,112 |
| 5 | $366,587 | $10,286 |
| 10 | $330,848 | $19,743 |
| 15 | $282,038 | $28,071 |
| 20 | $215,377 | $34,855 |
| 25 | $124,337 | $39,530 |
| 30 | $0 | $41,325 |
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