Calculadora de Seguro Hipotecario Gratis
Calcula el costo del seguro hipotecario mensual y total. Determina cuándo podrás cancelarlo.
Conventional PMI Total
$16,500
Conventional PMI Total vs Comparison Period
Fórmula
Comparing Mortgage Insurance Types
Different loan programs have different insurance structures. Understanding the total cost helps choose the most affordable option.
Conventional PMI
FHA MIP
USDA Guarantee Fee
Ejemplo Resuelto
A $300,000 loan on a $333,333 home (90% LTV). Compare over 10 years.
- 01LTV: $300,000 / $333,333 = 90%
- 02Conventional PMI: $300,000 x 0.55% / 12 = $137.50/month
- 03Conventional 10-year total: $137.50 x 120 = $16,500
- 04FHA UFMIP: $300,000 x 1.75% = $5,250
- 05FHA monthly MIP: $300,000 x 0.55% / 12 = $137.50/month
- 06FHA 10-year total: $5,250 + ($137.50 x 120) = $21,750
- 07USDA upfront: $300,000 x 1% = $3,000
- 08USDA monthly: $300,000 x 0.35% / 12 = $87.50/month
- 09USDA 10-year total: $3,000 + ($87.50 x 120) = $13,500
Preguntas Frecuentes
Which loan type has the cheapest mortgage insurance?
USDA loans typically have the lowest mortgage insurance cost (1% upfront + 0.35% annual). Conventional PMI varies widely by credit score but can be competitive, especially since it drops off at 80% LTV. FHA MIP tends to be the most expensive over the loan life due to the upfront fee and lifetime duration.
Can I cancel FHA mortgage insurance?
With less than 10% down, FHA MIP lasts the life of the loan. Your only option is to refinance into a conventional loan once you reach 80% LTV. With 10% or more down, MIP drops after 11 years.
Does PMI cost depend on my credit score?
Yes, significantly. A borrower with a 760+ credit score might pay 0.3% annually, while a borrower with a 680 score might pay 0.8% or more. Improving your credit score before buying can save thousands in PMI costs.