Besides PMI/MIP cost, does an FHA increase your monthly payment?

[Steve Sonneson]

I understand that when you use an FHA loan to reduce your down payment that you are required to carry PMI/MIP which will be added to your monthly mortgage payment but won't putting down a much smaller amount like 3.5% also skyrocket your monthly payment as well? How do you start off house hacking with low down payments like they often talk about without having an enormous monthly payment and killing any potential future cash flow?