Dashboard Forums 6. IMG app How do I calculate mortgage insurance? Reply To: How do I calculate mortgage insurance?

nhamilton
Keymaster
Post count: 13

Hi, ask your loan officer for the full details of the loan you are considering. As a general rule, if you put less than 20% down on a property, the loan will likely have mortgage insurance. Mortgage insurance can be listed in a quote or Loan Estimate as a monthly fee or yearly fee. To enter it, just make sure you put it in the correct format, either monthly or yearly.