FHA loans allow low down payments but add mortgage insurance. See the full monthly payment, including the annual MIP, and the upfront premium rolled into the loan.
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Your FHA payment
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Uses a 1.75% upfront mortgage insurance premium (financed into the loan) and a 0.55% annual premium, common for a 30-year FHA loan with under 5% down. Taxes and homeowners insurance are excluded. Confirm current MIP rates with your lender.