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Updated almost 9 years ago on . Most recent reply

Larry Perez's profile image
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Larry Perez
  • Investor
  • from San Antonio, Texas
  • Member since Feb 22, 2016
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Larry Perez's profile image
Larry Perez's profile image
Larry Perez
  • Investor
  • from San Antonio, Texas
  • Member since Feb 22, 2016
Connect
Larry Perez
  • Investor
  • San Antonio, TX
0
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3
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General Real Estate Investing

Mortgage Insurence

Larry Perez
  • Investor
  • San Antonio, TX
Posted
This year will be my 5th and final year of paying $123.23/mo of mortgage Insurence on my FHA mortgage. Since the mortgage Insurence will expire at the end of the year, will my mortgage payment decrease by $123.23 or will the $123.23/mo be added to principal pay down?
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