FHA Mortgage Insurance Premium (MIP) Calculator

Calculate FHA upfront MIP (1.75% of loan, financed) and annual MIP (0.15-1.05% based on LTV and term). Shows total insurance cost and conventional loan comparison.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How It Works

Calculate FHA upfront MIP (1.75% of loan, financed) and annual MIP (0.15-1.05% based on LTV and term). Shows total insurance cost and conventional loan comparison

Each component has a specific meaning:

  • LTV — The ltv recorded for the scenario being assessed.
  • Term) — The term) recorded for the scenario being assessed.

Note: Interpret the fha mip result against the thresholds and context described above.

How to Use

Enter the LTV, term) for the scenario you are assessing. Calculate FHA upfront MIP (1.75% of loan, financed) and annual MIP (0.15-1.05% based on LTV and term). Shows total insurance cost and conventional loan comparison. Use the fha mip result to inform your calculation.

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Frequently Asked Questions