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How much is PMI on a $100,300 mortgage?


Here we will estimate how much Private Mortgage Insurance (PMI) is on a $100,300 mortgage loan.

Private Mortgage Insurance (PMI) fees on a $100,300 mortgage are paid by the borrower and benefit the lender if the borrower cannot meet his or her loan obligations.

The lender usually requires the borrower to have private mortgage insurance if the loan is for more than 80 percent of the home's value.

Therefore, on a $100,300 mortgage, the house must be valued at $125,375 or more to avoid paying PMI.

The PMI on a $100,300 would depend on the loan terms and the borrower's credit score. We estimate that the PMI will range between $42/month $125/month.


PMI on $100,300 Mortgage Summary:

$42/month = low estimate

$125/month = high estimate

$0/month = If home value more than $125,375



More information from Research Maniacs


PMI Calculator
Check out our useful Private Mortgage Insurance (PMI) Calculator for more PMI estimates.

How much is PMI on a $100,400 mortgage?
Go here for the next PMI estimations we calculated.



 


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