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California Mortgage Insurance Calculations/Estimations
Hi Everyone,
I'm having troubles with finding an accurate number for calculating the mortgage insurance on a property. I've heard several numbers being thrown around such as... ~$70-$100 for every 100k of the home's value. I've also had a mortgage broker tell me that it would be $30-50 (which seems too low for an FHA / Conventional 5% down loan).
Any help would be greatly appreciated! :)
About me: 24, credit over 760, high paying tech job.