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  "name": "How do you calculate closing costs on an FHA loan?",
  "description": "FHA closing costs = normal buyer costs (2–5%) plus the upfront mortgage insurance premium (UFMIP) of 1.75% of the loan. On a $350,000 purchase with 3.5% down, UFMIP adds $5,915 — usually financed into the loan rather than paid in cash.",
  "url": "https://www.revenuelab.fyi/answers/how-to-calculate-closing-costs-on-an-fha-loan",
  "dateModified": "2026-10-01",
  "creator": {
    "@type": "Organization",
    "name": "RevenueLab",
    "url": "https://www.revenuelab.fyi"
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  "license": "https://creativecommons.org/licenses/by/4.0/",
  "keywords": [
    "Closing Costs Calculator",
    "Rent vs Buy Net Worth Calculator"
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  "json": {
    "type": "answer",
    "question": "How do you calculate closing costs on an FHA loan?",
    "shortAnswer": "FHA closing costs = normal buyer costs (2–5%) plus the upfront mortgage insurance premium (UFMIP) of 1.75% of the loan. On a $350,000 purchase with 3.5% down, UFMIP adds $5,915 — usually financed into the loan rather than paid in cash.",
    "tableTitle": "FHA closing worksheet: $350,000 price, 3.5% down",
    "columns": [
      "Item",
      "Amount",
      "Note"
    ],
    "rows": [
      {
        "label": "Down payment (3.5%)",
        "value": "$12,250",
        "note": "Loan = $337,750"
      },
      {
        "label": "UFMIP (1.75%)",
        "value": "$5,911",
        "note": "Usually rolled into loan → $343,661"
      },
      {
        "label": "Standard closing costs (2.5–4%)",
        "value": "$8,750–$14,000",
        "note": "Same buckets as conventional"
      },
      {
        "label": "Cash to close",
        "value": "≈ $21,000–$26,000",
        "note": "Down payment + costs"
      }
    ],
    "context": "FHA's cash advantage is the 3.5% down payment, not cheaper closing costs — UFMIP makes the fee side slightly heavier. Seller concessions up to 6% of price are allowed (vs 3% on low-down-payment conventional), so FHA buyers should almost always ask. The annual MIP (0.55% for most 30-year loans) shows up in the monthly payment, not closing costs, but it lasts the life of the loan if you put under 10% down — the main reason buyers refinance out of FHA once they reach 20% equity.",
    "methodology": "UFMIP 1.75% per HUD guidelines; annual MIP 0.55% for 30-year terms with ≤5% down (2025 schedule). Concession cap 6% per HUD.",
    "dateModified": "2026-10-01",
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        "label": "Rent vs Buy Net Worth Calculator",
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    "relatedReading": [
      {
        "label": "How to calculate closing costs for the buyer",
        "to": "/answers/how-to-calculate-closing-costs-for-buyer"
      }
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}