FHA monthly mortgage insurance is going up.
Staring on April 18, 2011, the amount you pay for monthly mortgage insurance on an FHA loan is going up by .25%.
The box below shows how this increase will impact a typical FHA Loan.
| Current FHA Monthly Mortgage Insurance | FHA Monthly Mortgage Insurance After 4/18/2011 | |
| Sales Price | $250,000.00 | $250,000.00 |
| Loan Amount with 3.5% down | $241,250.00 | $241,250.00 |
| FHA Monthly Mortgage Insurance Payment | $180.94 | $231.20 |
| Difference In Payment | $50.26 more per month! |
