2017 FHA Mortgage Insurance Rates

For 30-Year Mortgages with less than a 5%  down payment, the mandatory monthly mortgage insurance rate is .85% divided by 12 months. EXAMPLE: $100,000 mortgage multiplied by .85% is $850 per year. So each year the 12 payments will be $70.83 per month.

For 30 Year Mortgages with more than a 5% down payment, the mandatory monthly mortgage insurance rate is .8% divided by 12 months. EXAMPLE: $100,000 mortgage multiplied by .80% is $800 per year. So each year the 12 payments will be $66.67 per month.