FHA Loan Calculator Florida
Use the FHA Loan Calculator for Florida homes, with the state's property taxes, homestead exemption, and higher insurance costs in mind.
By Onias Derilus, Mortgage Capital · NMLS# 1859012 · Last Updated: June 2026
It estimates the monthly payment on an FHA loan, including the upfront and annual mortgage insurance premiums (MIP) that FHA loans require.
FHA Loan in Florida
FHA loans are popular with Florida first-time buyers because of the low 3.5% down payment and flexible credit requirements. FHA also sets county loan limits that vary across Florida — higher in expensive coastal counties — so the maximum FHA loan you can use depends on where you buy.
The calculator adds the upfront MIP to the base loan, runs the total through the amortizing-payment formula for principal and interest, then layers in the monthly MIP plus estimated taxes and insurance.
Ready to run the numbers for your own Florida home? Open the interactive fha loan calculator and adjust the inputs to match your situation.
Frequently Asked Questions
What is the minimum down payment on an FHA loan?
It is 3.5% with a qualifying credit score. Borrowers with lower scores may need 10% down. The calculator lets you test both to see the payment difference.
Does FHA mortgage insurance ever go away?
With the minimum down payment it generally lasts the life of the loan. Putting 10% or more down shortens it, and many borrowers refinance to conventional later to eliminate it.
Turn Your FHA Loan Estimate Into a Real Pre-Approval
Get a personalized rate quote from a licensed Florida mortgage broker — no obligation. NMLS# 1859012.
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.