Texas FHA Calculator

Estimate your Texas FHA payment with down payment, taxes, insurance, and mortgage insurance included.

Texas Edition

FHA Payment Calculator

Est. Monthly
$2,449
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$
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$/yr
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Advanced FHA Settings

Monthly Breakdown

Principal & Interest
$1,766
TX Property Taxes
$450
Home Insurance
$100
FHA Mortgage Ins.
$133
Base Loan$289,500
+ Upfront FHA MIP$5,066
Total Financed$294,566

Start With the Real FHA Payment

Buying a home in Texas with an FHA loan can make the path to ownership easier, especially if you want a lower down payment option.

But the real monthly payment is more than principal and interest. A Texas FHA calculator helps you estimate the full cost by adding property taxes, homeowners insurance, FHA mortgage insurance, HOA fees, and loan details in one place.

Texas FHA Costs

Your FHA payment may include:

  • Principal and interest
  • Texas property taxes
  • Homeowners insurance
  • FHA mortgage insurance
  • HOA fees, if applicable
  • Escrow for taxes and insurance

Down Payment

FHA loans are popular because eligible buyers may qualify with a lower down payment.

A smaller down payment can help you buy sooner, but it may also increase your loan amount and monthly mortgage insurance cost.

FHA MIP

FHA loans include mortgage insurance.

This usually includes an upfront mortgage insurance premium and a monthly mortgage insurance cost. Add both when estimating your Texas FHA payment.

Texas Taxes

Texas property taxes can make a big difference.

Tax amounts vary by county, city, school district, and local assessment. A home with the same price in another Texas area may have a different monthly cost.

Insurance Check

In Texas, insurance costs may vary by location, roof condition, weather risk, coastal exposure, home age, and coverage level.

Loan Limits

FHA loan limits can vary by Texas county. Before choosing a home price, check whether the property fits the FHA limit for that county.

Key Inputs

  • Home price
  • Down payment
  • Interest rate
  • Loan term
  • County
  • Property taxes
  • Insurance
  • FHA MIP

Smart Buyer Check

  • Lower vs. higher down payment
  • Different Texas counties
  • Payment with taxes included
  • FHA vs. conventional estimate
  • Homes with and without HOA fees

Texas FHA Planning Note

A Texas FHA calculator helps buyers see the real cost before making an offer. By adding FHA mortgage insurance, property taxes, homeowners insurance, HOA fees, and county loan limits, you can choose a home with a payment that feels realistic and easier to manage.

Quick Answers

What is the minimum down payment for a Texas FHA loan?

The minimum down payment for an FHA loan in Texas is 3.5% of the purchase price, provided your credit score is 580 or higher.

How does FHA Mortgage Insurance work?

FHA loans require two types of mortgage insurance: an Upfront Mortgage Insurance Premium (UFMIP) usually rolled into the loan amount, and an annual MIP that is divided by 12 and added to your monthly payment.

Why are property taxes important in a Texas FHA calculator?

Texas has no state income tax, which results in higher local property taxes. These property taxes are collected in your monthly escrow payment, meaning they significantly increase your total monthly mortgage obligation.

What are FHA loan limits in Texas?

FHA loan limits vary by county. Before buying, you must ensure your total loan amount (after the down payment) falls within the FHA limit for the specific Texas county you are buying in.