FHA Loan Calculator
Estimate FHA payments, MIP, and Arizona county loan limits — results update as you adjust the inputs.
Keep these tools one tap away
Install opens the full calculator list on your home screen — always loads live from our site (online only).
Understanding Our FHA Loan Calculator
Our comprehensive FHA Loan Calculator helps you estimate your monthly mortgage payments when using an FHA loan to purchase a home in Arizona. This powerful tool calculates your total payment including principal, interest, and the required mortgage insurance premium (MIP) that's unique to FHA loans.
By inputting basic information about your potential home purchase, you can quickly determine if an FHA loan fits your budget and financial goals. This calculator is especially valuable for first-time homebuyers who benefit from FHA's lower down payment requirements of just 3.5% of the purchase price.
Accurate Payment Breakdown
See exactly how your monthly payment is divided between principal, interest, and mortgage insurance premium (MIP)
Two Types of MIP Calculation
Includes both the upfront MIP (1.75% of loan amount) and annual MIP (typically 0.80-0.85% for 30-year loans) in your total cost assessment
Loan Limit Consideration
Automatically factors in FHA loan limits by county and property type, helping you understand if you'll need a larger down payment
Amortization Understanding
Shows how your payments gradually shift from mostly interest to mostly principal over the life of your loan
Down Payment Requirements
Calculates based on FHA's minimum 3.5% down payment requirement, with adjustments if loan limits are exceeded
Amortization Over Time
How your payment splits between principal and interest, and how your balance declines, across the full loan term.
1Property Details
2Loan Details
3Housing Costsfor a fuller payment estimate
Loan Analysis
Monthly Payment Breakdown
Loan Summary
Payment Components
Your monthly payment consists of Principal, Interest, MIP, Property Tax, and Homeowners Insurance (month 1 of the schedule).
MIP & Loan-to-Value Milestone
Your LTV at closing means MIP is life-of-loan under FHA rules — but here's when amortization alone gets you to 80% LTV, the point you could refinance into a conventional loan and drop MIP entirely.
Payment Over Time (monthly amortization schedule)
| Month | Principal | Interest | MIP | Balance |
|---|---|---|---|---|
| 1 | $393 | $2,352 | $199 | $433,857 |
| 2 | $395 | $2,350 | $199 | $433,463 |
| 3 | $397 | $2,348 | $199 | $433,066 |
| 4 | $399 | $2,346 | $198 | $432,667 |
| 5 | $401 | $2,344 | $198 | $432,266 |
| 6 | $403 | $2,341 | $198 | $431,862 |
| 7 | $406 | $2,339 | $198 | $431,457 |
| 8 | $408 | $2,337 | $198 | $431,049 |
| 9 | $410 | $2,335 | $198 | $430,639 |
| 10 | $412 | $2,333 | $197 | $430,227 |
| 11 | $414 | $2,330 | $197 | $429,813 |
| 12 | $417 | $2,328 | $197 | $429,396 |
| 13 | $419 | $2,326 | $197 | $428,977 |
| 14 | $421 | $2,324 | $197 | $428,556 |
| 15 | $423 | $2,321 | $196 | $428,133 |
| 16 | $426 | $2,319 | $196 | $427,707 |
| 17 | $428 | $2,317 | $196 | $427,279 |
| 18 | $430 | $2,314 | $196 | $426,849 |
| 19 | $433 | $2,312 | $196 | $426,416 |
| 20 | $435 | $2,310 | $195 | $425,981 |
| 21 | $437 | $2,307 | $195 | $425,544 |
| 22 | $440 | $2,305 | $195 | $425,104 |
| 23 | $442 | $2,303 | $195 | $424,662 |
| 24 | $445 | $2,300 | $195 | $424,217 |
| 25 | $447 | $2,298 | $194 | $423,771 |
| 26 | $449 | $2,295 | $194 | $423,321 |
| 27 | $452 | $2,293 | $194 | $422,869 |
| 28 | $454 | $2,291 | $194 | $422,415 |
| 29 | $457 | $2,288 | $194 | $421,959 |
| 30 | $459 | $2,286 | $193 | $421,499 |
| 31 | $462 | $2,283 | $193 | $421,038 |
| 32 | $464 | $2,281 | $193 | $420,574 |
| 33 | $467 | $2,278 | $193 | $420,107 |
| 34 | $469 | $2,276 | $193 | $419,638 |
| 35 | $472 | $2,273 | $192 | $419,166 |
| 36 | $474 | $2,270 | $192 | $418,692 |
| 37 | $477 | $2,268 | $192 | $418,215 |
| 38 | $479 | $2,265 | $192 | $417,736 |
| 39 | $482 | $2,263 | $191 | $417,254 |
| 40 | $485 | $2,260 | $191 | $416,769 |
| 41 | $487 | $2,257 | $191 | $416,282 |
| 42 | $490 | $2,255 | $191 | $415,792 |
| 43 | $493 | $2,252 | $191 | $415,299 |
| 44 | $495 | $2,250 | $190 | $414,804 |
| 45 | $498 | $2,247 | $190 | $414,306 |
| 46 | $501 | $2,244 | $190 | $413,806 |
| 47 | $503 | $2,241 | $190 | $413,302 |
| 48 | $506 | $2,239 | $189 | $412,796 |
| 49 | $509 | $2,236 | $189 | $412,287 |
| 50 | $512 | $2,233 | $189 | $411,776 |
| 51 | $514 | $2,230 | $189 | $411,262 |
| 52 | $517 | $2,228 | $188 | $410,744 |
| 53 | $520 | $2,225 | $188 | $410,225 |
| 54 | $523 | $2,222 | $188 | $409,702 |
| 55 | $526 | $2,219 | $188 | $409,176 |
| 56 | $528 | $2,216 | $188 | $408,648 |
| 57 | $531 | $2,214 | $187 | $408,117 |
| 58 | $534 | $2,211 | $187 | $407,583 |
| 59 | $537 | $2,208 | $187 | $407,046 |
| 60 | $540 | $2,205 | $187 | $406,506 |
| 61 | $543 | $2,202 | $186 | $405,963 |
| 62 | $546 | $2,199 | $186 | $405,417 |
| 63 | $549 | $2,196 | $186 | $404,868 |
| 64 | $552 | $2,193 | $186 | $404,317 |
| 65 | $555 | $2,190 | $185 | $403,762 |
| 66 | $558 | $2,187 | $185 | $403,204 |
| 67 | $561 | $2,184 | $185 | $402,643 |
| 68 | $564 | $2,181 | $185 | $402,080 |
| 69 | $567 | $2,178 | $184 | $401,513 |
| 70 | $570 | $2,175 | $184 | $400,943 |
| 71 | $573 | $2,172 | $184 | $400,370 |
| 72 | $576 | $2,169 | $184 | $399,794 |
| 73 | $579 | $2,166 | $183 | $399,215 |
| 74 | $582 | $2,162 | $183 | $398,632 |
| 75 | $585 | $2,159 | $183 | $398,047 |
| 76 | $589 | $2,156 | $182 | $397,458 |
| 77 | $592 | $2,153 | $182 | $396,866 |
| 78 | $595 | $2,150 | $182 | $396,271 |
| 79 | $598 | $2,146 | $182 | $395,673 |
| 80 | $602 | $2,143 | $181 | $395,071 |
| 81 | $605 | $2,140 | $181 | $394,467 |
| 82 | $608 | $2,137 | $181 | $393,859 |
| 83 | $611 | $2,133 | $181 | $393,247 |
| 84 | $615 | $2,130 | $180 | $392,633 |
| 85 | $618 | $2,127 | $180 | $392,015 |
| 86 | $621 | $2,123 | $180 | $391,393 |
| 87 | $625 | $2,120 | $179 | $390,768 |
| 88 | $628 | $2,117 | $179 | $390,140 |
| 89 | $631 | $2,113 | $179 | $389,509 |
| 90 | $635 | $2,110 | $179 | $388,874 |
| 91 | $638 | $2,106 | $178 | $388,236 |
| 92 | $642 | $2,103 | $178 | $387,594 |
| 93 | $645 | $2,099 | $178 | $386,949 |
| 94 | $649 | $2,096 | $177 | $386,300 |
| 95 | $652 | $2,092 | $177 | $385,647 |
| 96 | $656 | $2,089 | $177 | $384,992 |
| 97 | $659 | $2,085 | $176 | $384,332 |
| 98 | $663 | $2,082 | $176 | $383,669 |
| 99 | $667 | $2,078 | $176 | $383,003 |
| 100 | $670 | $2,075 | $176 | $382,333 |
| 101 | $674 | $2,071 | $175 | $381,659 |
| 102 | $677 | $2,067 | $175 | $380,981 |
| 103 | $681 | $2,064 | $175 | $380,300 |
| 104 | $685 | $2,060 | $174 | $379,615 |
| 105 | $689 | $2,056 | $174 | $378,927 |
| 106 | $692 | $2,053 | $174 | $378,235 |
| 107 | $696 | $2,049 | $173 | $377,539 |
| 108 | $700 | $2,045 | $173 | $376,839 |
| 109 | $704 | $2,041 | $173 | $376,135 |
| 110 | $707 | $2,037 | $172 | $375,428 |
| 111 | $711 | $2,034 | $172 | $374,717 |
| 112 | $715 | $2,030 | $172 | $374,002 |
| 113 | $719 | $2,026 | $171 | $373,283 |
| 114 | $723 | $2,022 | $171 | $372,560 |
| 115 | $727 | $2,018 | $171 | $371,833 |
| 116 | $731 | $2,014 | $170 | $371,103 |
| 117 | $735 | $2,010 | $170 | $370,368 |
| 118 | $739 | $2,006 | $170 | $369,630 |
| 119 | $743 | $2,002 | $169 | $368,887 |
| 120 | $747 | $1,998 | $169 | $368,140 |
| 121 | $751 | $1,994 | $169 | $367,390 |
| 122 | $755 | $1,990 | $168 | $366,635 |
| 123 | $759 | $1,986 | $168 | $365,876 |
| 124 | $763 | $1,982 | $168 | $365,113 |
| 125 | $767 | $1,978 | $167 | $364,346 |
| 126 | $771 | $1,974 | $167 | $363,575 |
| 127 | $775 | $1,969 | $167 | $362,800 |
| 128 | $780 | $1,965 | $166 | $362,020 |
| 129 | $784 | $1,961 | $166 | $361,236 |
| 130 | $788 | $1,957 | $166 | $360,448 |
| 131 | $792 | $1,952 | $165 | $359,656 |
| 132 | $797 | $1,948 | $165 | $358,859 |
| 133 | $801 | $1,944 | $164 | $358,058 |
| 134 | $805 | $1,939 | $164 | $357,253 |
| 135 | $810 | $1,935 | $164 | $356,443 |
| 136 | $814 | $1,931 | $163 | $355,629 |
| 137 | $818 | $1,926 | $163 | $354,811 |
| 138 | $823 | $1,922 | $163 | $353,988 |
| 139 | $827 | $1,917 | $162 | $353,161 |
| 140 | $832 | $1,913 | $162 | $352,329 |
| 141 | $836 | $1,908 | $161 | $351,493 |
| 142 | $841 | $1,904 | $161 | $350,652 |
| 143 | $845 | $1,899 | $161 | $349,806 |
| 144 | $850 | $1,895 | $160 | $348,956 |
| 145 | $855 | $1,890 | $160 | $348,102 |
| 146 | $859 | $1,886 | $160 | $347,243 |
| 147 | $864 | $1,881 | $159 | $346,379 |
| 148 | $869 | $1,876 | $159 | $345,510 |
| 149 | $873 | $1,872 | $158 | $344,637 |
| 150 | $878 | $1,867 | $158 | $343,759 |
| 151 | $883 | $1,862 | $158 | $342,876 |
| 152 | $888 | $1,857 | $157 | $341,989 |
| 153 | $892 | $1,852 | $157 | $341,096 |
| 154 | $897 | $1,848 | $156 | $340,199 |
| 155 | $902 | $1,843 | $156 | $339,297 |
| 156 | $907 | $1,838 | $156 | $338,390 |
| 157 | $912 | $1,833 | $155 | $337,479 |
| 158 | $917 | $1,828 | $155 | $336,562 |
| 159 | $922 | $1,823 | $154 | $335,640 |
| 160 | $927 | $1,818 | $154 | $334,713 |
| 161 | $932 | $1,813 | $153 | $333,782 |
| 162 | $937 | $1,808 | $153 | $332,845 |
| 163 | $942 | $1,803 | $153 | $331,903 |
| 164 | $947 | $1,798 | $152 | $330,956 |
| 165 | $952 | $1,793 | $152 | $330,004 |
| 166 | $957 | $1,788 | $151 | $329,047 |
| 167 | $962 | $1,782 | $151 | $328,084 |
| 168 | $968 | $1,777 | $150 | $327,117 |
| 169 | $973 | $1,772 | $150 | $326,144 |
| 170 | $978 | $1,767 | $149 | $325,166 |
| 171 | $983 | $1,761 | $149 | $324,182 |
| 172 | $989 | $1,756 | $149 | $323,193 |
| 173 | $994 | $1,751 | $148 | $322,199 |
| 174 | $1,000 | $1,745 | $148 | $321,200 |
| 175 | $1,005 | $1,740 | $147 | $320,195 |
| 176 | $1,010 | $1,734 | $147 | $319,185 |
| 177 | $1,016 | $1,729 | $146 | $318,169 |
| 178 | $1,021 | $1,723 | $146 | $317,147 |
| 179 | $1,027 | $1,718 | $145 | $316,121 |
| 180 | $1,032 | $1,712 | $145 | $315,088 |
| 181 | $1,038 | $1,707 | $144 | $314,050 |
| 182 | $1,044 | $1,701 | $144 | $313,006 |
| 183 | $1,049 | $1,695 | $143 | $311,957 |
| 184 | $1,055 | $1,690 | $143 | $310,902 |
| 185 | $1,061 | $1,684 | $142 | $309,841 |
| 186 | $1,066 | $1,678 | $142 | $308,775 |
| 187 | $1,072 | $1,673 | $142 | $307,703 |
| 188 | $1,078 | $1,667 | $141 | $306,625 |
| 189 | $1,084 | $1,661 | $141 | $305,541 |
| 190 | $1,090 | $1,655 | $140 | $304,451 |
| 191 | $1,096 | $1,649 | $140 | $303,355 |
| 192 | $1,102 | $1,643 | $139 | $302,254 |
| 193 | $1,108 | $1,637 | $139 | $301,146 |
| 194 | $1,114 | $1,631 | $138 | $300,033 |
| 195 | $1,120 | $1,625 | $138 | $298,913 |
| 196 | $1,126 | $1,619 | $137 | $297,788 |
| 197 | $1,132 | $1,613 | $136 | $296,656 |
| 198 | $1,138 | $1,607 | $136 | $295,518 |
| 199 | $1,144 | $1,601 | $135 | $294,374 |
| 200 | $1,150 | $1,595 | $135 | $293,224 |
| 201 | $1,156 | $1,588 | $134 | $292,067 |
| 202 | $1,163 | $1,582 | $134 | $290,904 |
| 203 | $1,169 | $1,576 | $133 | $289,735 |
| 204 | $1,175 | $1,569 | $133 | $288,560 |
| 205 | $1,182 | $1,563 | $132 | $287,378 |
| 206 | $1,188 | $1,557 | $132 | $286,190 |
| 207 | $1,195 | $1,550 | $131 | $284,996 |
| 208 | $1,201 | $1,544 | $131 | $283,795 |
| 209 | $1,208 | $1,537 | $130 | $282,587 |
| 210 | $1,214 | $1,531 | $130 | $281,373 |
| 211 | $1,221 | $1,524 | $129 | $280,152 |
| 212 | $1,227 | $1,517 | $128 | $278,925 |
| 213 | $1,234 | $1,511 | $128 | $277,691 |
| 214 | $1,241 | $1,504 | $127 | $276,451 |
| 215 | $1,247 | $1,497 | $127 | $275,203 |
| 216 | $1,254 | $1,491 | $126 | $273,949 |
| 217 | $1,261 | $1,484 | $126 | $272,688 |
| 218 | $1,268 | $1,477 | $125 | $271,421 |
| 219 | $1,275 | $1,470 | $124 | $270,146 |
| 220 | $1,281 | $1,463 | $124 | $268,865 |
| 221 | $1,288 | $1,456 | $123 | $267,576 |
| 222 | $1,295 | $1,449 | $123 | $266,281 |
| 223 | $1,302 | $1,442 | $122 | $264,978 |
| 224 | $1,309 | $1,435 | $121 | $263,669 |
| 225 | $1,317 | $1,428 | $121 | $262,352 |
| 226 | $1,324 | $1,421 | $120 | $261,029 |
| 227 | $1,331 | $1,414 | $120 | $259,698 |
| 228 | $1,338 | $1,407 | $119 | $258,360 |
| 229 | $1,345 | $1,399 | $118 | $257,015 |
| 230 | $1,353 | $1,392 | $118 | $255,662 |
| 231 | $1,360 | $1,385 | $117 | $254,302 |
| 232 | $1,367 | $1,377 | $117 | $252,935 |
| 233 | $1,375 | $1,370 | $116 | $251,560 |
| 234 | $1,382 | $1,363 | $115 | $250,178 |
| 235 | $1,390 | $1,355 | $115 | $248,788 |
| 236 | $1,397 | $1,348 | $114 | $247,391 |
| 237 | $1,405 | $1,340 | $113 | $245,986 |
| 238 | $1,412 | $1,332 | $113 | $244,574 |
| 239 | $1,420 | $1,325 | $112 | $243,154 |
| 240 | $1,428 | $1,317 | $111 | $241,726 |
| 241 | $1,435 | $1,309 | $111 | $240,291 |
| 242 | $1,443 | $1,302 | $110 | $238,848 |
| 243 | $1,451 | $1,294 | $109 | $237,397 |
| 244 | $1,459 | $1,286 | $109 | $235,938 |
| 245 | $1,467 | $1,278 | $108 | $234,471 |
| 246 | $1,475 | $1,270 | $107 | $232,997 |
| 247 | $1,483 | $1,262 | $107 | $231,514 |
| 248 | $1,491 | $1,254 | $106 | $230,023 |
| 249 | $1,499 | $1,246 | $105 | $228,524 |
| 250 | $1,507 | $1,238 | $105 | $227,017 |
| 251 | $1,515 | $1,230 | $104 | $225,502 |
| 252 | $1,523 | $1,221 | $103 | $223,979 |
| 253 | $1,532 | $1,213 | $103 | $222,448 |
| 254 | $1,540 | $1,205 | $102 | $220,908 |
| 255 | $1,548 | $1,197 | $101 | $219,360 |
| 256 | $1,557 | $1,188 | $101 | $217,803 |
| 257 | $1,565 | $1,180 | $100 | $216,238 |
| 258 | $1,573 | $1,171 | $99 | $214,665 |
| 259 | $1,582 | $1,163 | $98 | $213,083 |
| 260 | $1,591 | $1,154 | $98 | $211,492 |
| 261 | $1,599 | $1,146 | $97 | $209,893 |
| 262 | $1,608 | $1,137 | $96 | $208,285 |
| 263 | $1,617 | $1,128 | $95 | $206,668 |
| 264 | $1,625 | $1,119 | $95 | $205,043 |
| 265 | $1,634 | $1,111 | $94 | $203,409 |
| 266 | $1,643 | $1,102 | $93 | $201,766 |
| 267 | $1,652 | $1,093 | $92 | $200,114 |
| 268 | $1,661 | $1,084 | $92 | $198,453 |
| 269 | $1,670 | $1,075 | $91 | $196,784 |
| 270 | $1,679 | $1,066 | $90 | $195,105 |
| 271 | $1,688 | $1,057 | $89 | $193,417 |
| 272 | $1,697 | $1,048 | $89 | $191,720 |
| 273 | $1,706 | $1,038 | $88 | $190,014 |
| 274 | $1,716 | $1,029 | $87 | $188,298 |
| 275 | $1,725 | $1,020 | $86 | $186,573 |
| 276 | $1,734 | $1,011 | $86 | $184,839 |
| 277 | $1,744 | $1,001 | $85 | $183,095 |
| 278 | $1,753 | $992 | $84 | $181,342 |
| 279 | $1,762 | $982 | $83 | $179,580 |
| 280 | $1,772 | $973 | $82 | $177,808 |
| 281 | $1,782 | $963 | $81 | $176,026 |
| 282 | $1,791 | $953 | $81 | $174,235 |
| 283 | $1,801 | $944 | $80 | $172,434 |
| 284 | $1,811 | $934 | $79 | $170,623 |
| 285 | $1,821 | $924 | $78 | $168,803 |
| 286 | $1,830 | $914 | $77 | $166,972 |
| 287 | $1,840 | $904 | $77 | $165,132 |
| 288 | $1,850 | $894 | $76 | $163,282 |
| 289 | $1,860 | $884 | $75 | $161,421 |
| 290 | $1,870 | $874 | $74 | $159,551 |
| 291 | $1,881 | $864 | $73 | $157,671 |
| 292 | $1,891 | $854 | $72 | $155,780 |
| 293 | $1,901 | $844 | $71 | $153,879 |
| 294 | $1,911 | $834 | $71 | $151,968 |
| 295 | $1,922 | $823 | $70 | $150,046 |
| 296 | $1,932 | $813 | $69 | $148,114 |
| 297 | $1,942 | $802 | $68 | $146,172 |
| 298 | $1,953 | $792 | $67 | $144,219 |
| 299 | $1,964 | $781 | $66 | $142,255 |
| 300 | $1,974 | $771 | $65 | $140,281 |
| 301 | $1,985 | $760 | $64 | $138,296 |
| 302 | $1,996 | $749 | $63 | $136,300 |
| 303 | $2,006 | $738 | $62 | $134,294 |
| 304 | $2,017 | $727 | $62 | $132,276 |
| 305 | $2,028 | $716 | $61 | $130,248 |
| 306 | $2,039 | $706 | $60 | $128,209 |
| 307 | $2,050 | $694 | $59 | $126,159 |
| 308 | $2,061 | $683 | $58 | $124,097 |
| 309 | $2,073 | $672 | $57 | $122,025 |
| 310 | $2,084 | $661 | $56 | $119,941 |
| 311 | $2,095 | $650 | $55 | $117,846 |
| 312 | $2,106 | $638 | $54 | $115,739 |
| 313 | $2,118 | $627 | $53 | $113,622 |
| 314 | $2,129 | $615 | $52 | $111,492 |
| 315 | $2,141 | $604 | $51 | $109,351 |
| 316 | $2,152 | $592 | $50 | $107,199 |
| 317 | $2,164 | $581 | $49 | $105,035 |
| 318 | $2,176 | $569 | $48 | $102,859 |
| 319 | $2,188 | $557 | $47 | $100,672 |
| 320 | $2,199 | $545 | $46 | $98,472 |
| 321 | $2,211 | $533 | $45 | $96,261 |
| 322 | $2,223 | $521 | $44 | $94,037 |
| 323 | $2,235 | $509 | $43 | $91,802 |
| 324 | $2,247 | $497 | $42 | $89,554 |
| 325 | $2,260 | $485 | $41 | $87,295 |
| 326 | $2,272 | $473 | $40 | $85,023 |
| 327 | $2,284 | $461 | $39 | $82,739 |
| 328 | $2,297 | $448 | $38 | $80,442 |
| 329 | $2,309 | $436 | $37 | $78,133 |
| 330 | $2,322 | $423 | $36 | $75,812 |
| 331 | $2,334 | $411 | $35 | $73,477 |
| 332 | $2,347 | $398 | $34 | $71,131 |
| 333 | $2,359 | $385 | $33 | $68,771 |
| 334 | $2,372 | $373 | $32 | $66,399 |
| 335 | $2,385 | $360 | $30 | $64,014 |
| 336 | $2,398 | $347 | $29 | $61,616 |
| 337 | $2,411 | $334 | $28 | $59,205 |
| 338 | $2,424 | $321 | $27 | $56,781 |
| 339 | $2,437 | $308 | $26 | $54,344 |
| 340 | $2,450 | $294 | $25 | $51,893 |
| 341 | $2,464 | $281 | $24 | $49,430 |
| 342 | $2,477 | $268 | $23 | $46,953 |
| 343 | $2,490 | $254 | $22 | $44,462 |
| 344 | $2,504 | $241 | $20 | $41,958 |
| 345 | $2,517 | $227 | $19 | $39,441 |
| 346 | $2,531 | $214 | $18 | $36,910 |
| 347 | $2,545 | $200 | $17 | $34,365 |
| 348 | $2,559 | $186 | $16 | $31,806 |
| 349 | $2,572 | $172 | $15 | $29,234 |
| 350 | $2,586 | $158 | $13 | $26,647 |
| 351 | $2,600 | $144 | $12 | $24,047 |
| 352 | $2,615 | $130 | $11 | $21,432 |
| 353 | $2,629 | $116 | $10 | $18,804 |
| 354 | $2,643 | $102 | $9 | $16,161 |
| 355 | $2,657 | $88 | $7 | $13,504 |
| 356 | $2,672 | $73 | $6 | $10,832 |
| 357 | $2,686 | $59 | $5 | $8,146 |
| 358 | $2,701 | $44 | $4 | $5,445 |
| 359 | $2,715 | $29 | $2 | $2,730 |
| 360 | $2,730 | $15 | $1 | $0 |
This FHA loan calculator provides estimates only. Property taxes and homeowners insurance are auto-estimated based on typical rates for your home price and can be overridden; actual amounts vary by location and provider. HOA fees and closing costs are not included. Results may vary based on your specific financial situation and current FHA guidelines. For a complete assessment of your mortgage costs and eligibility, please consult with one of our mortgage professionals. Rates and terms are subject to change without notice.
Recommendations & Key Insights
FHA Cost Analysis
- Your base loan amount is $434,250 at 96.5% LTV, with a $7,599 upfront MIP financed into the loan for a total loan amount of $441,849.
- Your estimated total monthly payment is $3,183 — $2,745 in principal and interest, $199 in monthly MIP (0.55% annual rate), $130 in property taxes, and $110 in homeowners insurance.
MIP Considerations
- Because your LTV at closing is 96.5% (over 90%), monthly MIP applies for the life of the loan under current FHA rules. But amortization alone brings you to 80% LTV by month 131 (no home value appreciation assumed) — at that point you could refinance into a conventional loan and drop MIP entirely. You'd have paid roughly $24,113 in MIP by then.
- The 1.75% upfront MIP is financed into the loan balance in this estimate; some borrowers choose to pay it in cash at closing instead, which would lower the total loan amount.
Next Steps
Based on your scenario, here's what we'd suggest next:
- Get a verified FHA pre-approval to confirm your exact loan limit, MIP rate, and qualifying ratios.
- Ask a loan officer whether a conventional loan might cost less over time once PMI cancellation is factored in, especially if your LTV is above 90%.
- Contact a Mortgage Brothers loan officer to review your options and confirm current FHA guidelines.
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Get Expert Help with Your FHA Loan Application
Not sure if an FHA loan is right for you? Our mortgage professionals can help you navigate FHA loan requirements, explain MIP costs, and find the best rates for your Arizona home purchase. We specialize in helping first-time homebuyers qualify with just 3.5% down payment.
Contact Our FHA Loan Specialists TodayEssential Mortgage Tools for Arizona Homebuyers
Our FHA Loan Calculator is just one of several specialized tools we've developed to help you make informed decisions about your home financing options. These calculators provide accurate estimates tailored to different loan types and financial situations, allowing you to compare options and find the perfect mortgage solution for your needs.
Basic Mortgage Payment Calculator
- Calculates monthly payments based on loan amount, interest rate, and term
- Essential for quick estimates of mortgage costs
Mortgage Affordability Calculator
- Helps determine how much house you can afford based on income and debts
- Great for setting a realistic budget before house hunting
Refinance Calculator
- Compares current mortgage with potential refinance options
- Useful for deciding if refinancing makes financial sense
Rent vs. Buy Calculator
- Compares the costs of renting versus buying over time
- Helps make the big decision between renting and homeownership
Conventional vs. FHA Calculator
- Compares monthly costs and requirements for Conventional and FHA loans
- Helps you choose the loan type that fits your down payment and credit
Extra Payment Calculator
- Shows the impact of making additional payments on loan term and interest
- Perfect for those looking to pay off their mortgage faster
VA Loan Calculator
- Estimates payments for VA loans, factoring in the funding fee
- Great for veterans and active-duty military personnel
Down Payment Calculator
- Helps determine how much to save for a down payment
- Useful for planning and setting savings goals
Debt-to-Income Ratio Calculator
- Calculates DTI ratio to determine loan eligibility
- Important for understanding how lenders view your financial health
Home Purchase Closing Cost Calculator
- Estimates various closing costs associated with buying a home
- Helps buyers prepare for additional expenses beyond the down payment
PMI Mortgage Insurance Calculator Guide
- Explains how PMI is calculated from LTV, credit, and rates
- Helps you estimate and plan for private mortgage insurance costs
Speak with Our FHA Loan Specialists in Arizona
Have questions about FHA loan requirements, mortgage insurance premiums, or whether you qualify with a 3.5% down payment? Our experienced mortgage professionals are ready to help you navigate the FHA loan process. We specialize in assisting first-time homebuyers throughout Phoenix, Scottsdale, and all of Arizona secure affordable FHA financing with competitive rates.