: The most common form, paid as a monthly fee added to your mortgage payment.
PMI: A Full Guide to Private Mortgage Insurance - Chase Bank
: A one-time lump sum payment made at closing to avoid monthly fees. How Much It Costs
: Specifically for FHA loans . These often require both an upfront payment at closing (typically 1.75% ) and ongoing monthly premiums.
Premiums typically range from of the original loan amount annually. Factors affecting your rate include: