MIP

Mortgage insurance premium on an FHA loan, with an upfront amount and an annual amount.

We model the upfront piece at 1.75% and the annual rates from HUD Mortgagee Letter 2023-05.

Confirm those figures for a new FHA case. A letter can be replaced.

Calculators

• FHA calculator

Guides

• FHA Loans, Explained
• What Is PMI and How Can You Avoid It?