CMG MI / FHA Comparison Calculator

Calculate your savings with CMG MI over FHA

Select a CMG MI Premium Plan

Super Split    EZ Monthly    CMG MI Single

Enter Loan Parameters to Compare CMG MI and FHA

Loan Amount
Credit Score
LTV (Loan-to-Value)
Loan Purpose
Upfront Premium
CMG MI Interest Rate
FHA Interest Rate

Calculate CMG MI/FHA Comparisons

Credit Enhancement Cost

Upfront Premium (bps)

Monthly Premium (bps)

Monthly Payment

Total MI Cost Over 5 Years

CMG MI

210

0

$2,553

$11,299

FHA

100

85

$2,730

$22,497

SAVINGS WITH CMG MI $11,198

This monthly plan requires no mortgage insurance premium payment at closing. The first premium payment is collected and paid with the first mortgage payment.

A one-time, upfront payment that can be paid in full at closing, paid with a seller contribution, financed into the loan amount, or a combination of these options.

A flexible payment variation on CMG MI's popular Single Premium product. It requires an up-front premium payment that is 60% of our Single Premium rates