As of April 18th FHA mortgage insurance is as follows:
- 15-year loan term less than 10% down % : 0.50% per year
- 15-year loan term, loan-to-value 10%+ down : 0.25% per year
- 30-year loan term, loan-to-value less than 5% down : 1.15% per year
- 30-year loan term, loan-to-value 5%+ down : 1.10% per year
To calculate your monthly mortgage insurance premium, multiply your mortgage loan size by your insurance premium, and divide by 12 months. You also have a 1% upfront mortgage insurance premium to HUD financed into your loan amount.