About

About FHA Calcs

A simple, independent FHA calculator site focused on transparent payment and mortgage insurance estimates.

Who maintains this site

FHA Calcs is maintained as an independent educational calculator project. It is not affiliated with HUD, FHA, a lender, a broker, or any government agency.

Why it exists

The first version focuses on one job: making the FHA monthly payment and FHA MIP assumptions easy to inspect before a borrower talks with an FHA-approved lender.

Update frequency

Calculator copy and technical checks are updated as needed. FHA MIP policy assumptions are reviewed before major releases and when HUD publishes relevant single-family policy changes.

Last updated: 2026-06-03. FHA MIP assumptions last verified: 2026-06-02.

Sources, method, and limits

Last updated: 2026-06-03 · Last verified: 2026-06-02

Calculations use a 30-year fixed FHA purchase-loan assumption.
P&I uses a standard fixed-rate amortization formula.
UFMIP uses the HUD 1.75% rate with no-rounding truncation to cents.
Base loan amounts are normalized with the HUD whole-dollar floor before LTV, MIP tier, and UFMIP calculations.
Monthly FHA MIP is calculated from annual average outstanding balance, rounded step-by-step, and cut off by the applicable MIP duration.
Property tax, insurance, HOA, rates, PMI, and holding period values are editable assumptions.

This is an educational estimate only. It is not financial advice, not a loan approval, and not a rate quote. Consult an FHA-approved lender or a HUD-approved housing counselor.