Matthew is purchasing a $165,000 home with a 30-year mortgage. He will put
down $15,000 down payment. Use the table below to find his monthly PMI
payment
.
Base-To-Loan %
Fixed-Rate Loan
30 yrs. 15 yrs.
ARM 2% + 1 Year Cap
30 yrs. 15 yrs.
95.01% to 97%
0.90%
0.79%
nana
90.01% to 95%
0.78%
0.26%
0.92%
0.81%
85.01% to 90%
0.52%
0.23%
0.65%
0.54%
85% and Under
0.32%
0.19%
0.37%
0.26%