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logo
  • Home
  • Home Purchase
  • Refinance
  • Rates
  • Apply Now
  • News
  • Videos
  • Resources
  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • Testimonials
  • Texas Complaints
  • Blog
  • FAQ
  • About
  • Loan Officers
  • Contact
  • 888.574.8287

How Much Does Private Mortgage Insurance (PMI) Cost?

PMI costs vary from insurer to insurer, and from plan to plan. Example: A highly leveraged adjustable-rate mortgage requires the borrower to pay a higher premium to get coverage. Buyers with a 5% down payment can expect to pay a premium of approximately 0.78% times the annual loan amount, $92.67 monthly for a $150,000 purchase price. But, the PMI premium would drop to 0.52% times the annual amount, $58.50 monthly if a 10% down payment was made.

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About Us

At Barcode Financial, we never forget that we are consumers. We refuse to internalize the cynicism that comes from being professional sellers.

Company NMLS: 237424
www.nmlsconsumeraccess.org

Contact Us

California:
22231 Mulholland Hwy, Suite 117      Calabasas, CA  91302

Texas:
5601 Bridge St, Suite 300
Fort Worth, TX  76112


Ph: 888.574.8287  mark@barcodefinancial.com

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