Mortgage Insurance Program
Premium Rate Table
|
LTV Ratio |
Loan Tenor (Years) |
MIP (Owner-occupied Residential Property Loans) |
MIP (Non Owner-occupied Residential Property Loans) |
||
|
Single Premium Payment(% Original Principal Balance) |
Annual Premium Payment(%) |
Single Premium Payment(%) |
|||
|
First Year |
Renewal |
||||
|
70% up to 75% LTV |
10 |
0.55 |
N/A |
0.95 |
|
|
15 |
0.60 |
1.00 |
|||
|
20 |
0.65 |
1.05 |
|||
|
25 |
0.70 |
1.10 |
|||
|
30 |
0.75 |
1.15 |
|||
|
35 |
0.80 |
1.20 |
|||
|
40 |
0.85 |
1.25 |
|||
|
75% up to 80% LTV |
10 |
1.00 |
0.50 |
0.24 |
1.60 |
|
15 |
1.15 |
0.60 |
0.24 |
1.75 |
|
|
20 |
1.40 |
0.70 |
0.24 |
2.00 |
|
|
25 |
1.50 |
0.75 |
0.24 |
2.10 |
|
|
30 |
1.65 |
0.85 |
0.24 |
2.25 |
|
|
35 |
1.75 |
0.95 |
0.24 |
2.35 |
|
|
40 |
1.85 |
1.05 |
0.24 |
2.45 |
|
|
80% up to 85% LTV |
10 |
1.55 |
0.70 |
0.45 |
2.55 |
|
15 |
1.80 |
0.80 |
0.45 |
2.80 |
|
|
20 |
2.15 |
0.90 |
0.45 |
3.15 |
|
|
25 |
2.30 |
1.00 |
0.45 |
3.30 |
|
|
30 |
2.40 |
1.10 |
0.45 |
3.40 |
|
|
35 |
2.50 |
1.20 |
0.45 |
3.50 |
|
|
40 |
2.60 |
1.30 |
0.45 |
3.60 |
|
|
85% up to 90% LTV |
10 |
2.15 |
0.90 |
0.63 |
N/A |
|
15 |
2.50 |
1.09 |
0.63 |
||
|
20 |
2.98 |
1.28 |
0.63 |
||
|
25 |
3.35 |
1.46 |
0.63 |
||
|
30 |
3.55 |
1.65 |
0.63 |
||
|
35 |
3.75 |
1.85 |
0.63 |
||
|
40 |
3.95 |
2.05 |
0.63 |
||
|
90% up to 95% LTV |
10 |
2.48 |
1.04 |
0.73 |
N/A |
|
15 |
2.88 |
1.26 |
0.73 |
||
|
20 |
3.38 |
1.48 |
0.73 |
||
|
25 |
3.78 |
1.68 |
0.73 |
||
|
30 |
3.98 |
1.90 |
0.73 |
||
|
35 |
4.28 |
2.10 |
0.73 |
||
|
40 |
4.58 |
2.30 |
0.73 |
||