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Updated almost 5 years ago,

User Stats

6
Posts
4
Votes
Kenny Ellis
  • New to Real Estate
  • Colorado
4
Votes |
6
Posts

California Mortgage Insurance Calculations/Estimations

Kenny Ellis
  • New to Real Estate
  • Colorado
Posted

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.