What the FHA estimate includes
The calculator combines principal and interest with the property-tax estimate, homeowners insurance, HOA dues and monthly mortgage-insurance estimate you enter.
THE HOME FINANCING COMPARISON TOOL
FHA Payment Calculator: Compare the Full Estimated Monthly Payment
MyMortgageLens starts FHA scenarios at 3.5% down and uses an editable 0.55% annual mortgage-insurance estimate. Replace the defaults with figures from your lender whenever available.
Run Your Comparison →What the simplified calculator does not include
The comparison intentionally does not add upfront FHA mortgage insurance, lender fees, title and escrow charges or other closing costs to the displayed loan amount. Those items should be confirmed separately with a lender and closing professionals.
Why the mortgage-insurance field is editable
Actual FHA mortgage-insurance requirements can depend on the loan terms and program rules. The default is a starting estimate for comparison, not a lender quote.
Important: MyMortgageLens provides educational illustrations, not a financing offer or lender quote. Rates, eligibility, taxes, insurance, mortgage insurance, fees and incentive terms vary. Confirm your actual figures with the appropriate lender and professionals.