FHA · Purchase
FHA Purchase Loan Payment Calculator
Estimate your monthly payment and the cash needed to close on a new FHA home purchase loan.
Built by Jim Blackburn · NMLS #1072866 · $500M+ closed · 7× Scotsman Guide Top Producer
Purchase
3.5% is the minimum (down payment assistance and gift funds allowed).
Housing Costs
Paid separately, outside the mortgage.
Summary
Loan
Monthly Payment
Cash to Close
Qualifying
Estimates only — not a commitment to lend.
A Note on Down Payment Assistance
Many DPA programs come with strings attached. They can lock you into the property and may require repayment of fees or a share of your home's equity if you sell or refinance within the first five years. If you're able to close without DPA, you keep more of your equity gains, retain full control over future decisions, and are in a stronger position to make competitive offers and close quickly.
By Jim Blackburn
Ready to Take Your First Step?
Skip the guesswork. Take our quick Discovery Quiz to uncover your top financial priorities, so we can guide you toward the wealth-building strategies that fit your life.
- Takes just 5 minutes
- Tailored results based on your answers
- No credit check required
Buying With an FHA Loan?
Tell us about your scenario and we'll map out your real payment and cash-to-close with the right strategy—fast.
- Only 2 minutes to complete
- Quick turnaround
- No credit score impact
Got a Few Questions First?
Let's talk it through. Book a call and one of our friendly advisors will be in touch to guide you personally.
Schedule a CallImportant Disclaimer
This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.