FHA Mortgage Calculator

Estimate how much your monthly payment will be with an FHA home loan.

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Mortgages insured by the Federal Housing Administration require a smaller down payment, have lower closing costs and may allow for a lower income and credit score. Estimate your monthly FHA loan payment with our FHA loan calculator.

The NerdWallet FHA mortgage calculator is a tool that you can use to estimate both the monthly payment you'll make and the total cost of financing your home with an .

To get started, fill in:

Next, choose whether you're interested in a 15- or 30-year loan.

The FHA loan calculator will generate an estimated monthly payment based on your inputs. Then, you can dive down into as much detail as you like.

Select "Monthly" to see the costs you'll pay toward your FHA loan each month. Choose "Total" for a breakdown of how much you'll pay over the life of the loan, as well as the upfront costs. This includes  — how much you’ll pay at closing, what the monthly premium will be and how long you’ll pay it.

Armed with a rough idea of what you can afford based on how much your monthly payment will be, you’ll be ready to shop to find a competitive mortgage rate.

NerdWallet’s FHA loan calculator answers that big question: “” With this calculator, you can run the numbers on various  “what-if” scenarios. For example, you could consider:

NerdWallet’s FHA loan calculator considers the following costs when estimating your monthly FHA loan payments:

If the numbers in your FHA loan payment calculation seem a bit high, there are ways to lower them:

Yes. Here are a few instances when your monthly payment can go up, even after you’ve closed the loan and moved in:

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