Do these 3 things before closing this tab:
1Scan for outdated or missing drivers - takes under a minute2Clear out junk files and repair common Windows errors3Fix the driver behind crashes, sound loss and screen glitchesFHA mortgage insurance (MIP) and conventional private mortgage insurance (PMI) are different systems. FHA loans generally have an upfront premium plus a recurring annual premium, and the recurring charge can last 11 years or the mortgage term depending on the loan’s original terms. On many conventional loans covered by federal rules, borrowers can request PMI cancellation at 80% of the home’s original value, with automatic termination generally scheduled at 78% if payments are current. Neither option is always cheaper: compare actual Loan Estimates and the projected insurance cost over the time you expect to keep the loan.
What FHA MIP and conventional PMI pay for
Mortgage insurance protects the lender or mortgage investor against losses if a borrower defaults. It is not homeowners insurance: it does not insure the borrower’s home or belongings. FHA calls its charge a mortgage insurance premium, or MIP. Conventional mortgages may require private mortgage insurance, commonly called PMI, when the borrower’s down payment or equity is below the lender’s required threshold.
As an Amazon Associate I earn from qualifying purchases.
The two labels do not describe interchangeable products with one shared cancellation rule. FHA MIP is part of the Federal Housing Administration’s mortgage-insurance program and follows FHA premium and duration rules. Conventional PMI follows the terms of the loan and, for many covered mortgages, federal cancellation and termination protections. FHA loans are excluded from the CFPB’s conventional PMI rules.
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallThat distinction matters most when estimating how long the charge will last. A conventional borrower may be able to request cancellation based on the scheduled loan balance reaching 80% of original value, subject to conditions. For many FHA loans assigned case numbers on or after June 3, 2013, reaching 80% of value does not by itself end MIP. Its duration instead depends on original loan inputs and applicable FHA rules.
#1 Best Overall
- Compact & Portable Design: This Small Excel, Word, PowerPoint, & Windows Cheat Sheet Mouse Pad measures 11.8" x 9.8", offering a portable mouse pad. Its compact size fits in bags or laptop cases, suitable for professionals, students, or travelers.
- Multi-Software Shortcut Guide: Featuring essential shortcut keys for Excel, Word, PowerPoint, & Windows, this small mouse pad provides a quick reference for frequently used shortcuts, offering a reference designed to support workflow efficiency
- Smooth & Precise Surface: The finely-textured surface ensures precise mouse control, allowing for smooth and accurate movement during work or gaming sessions.
- Durable & Non-Slip Design: This Multi-Software Shortcut Mouse Pad features stitched edges to reduce fraying. The non-slip rubber base helps keep it securely in place, and the water-resistant fabric allows for easier maintenance.
- Clear Print Quality: Displays high-resolution printing intended to remain legible through regular use and cleaning
How FHA mortgage insurance is charged
Upfront MIP
For most covered FHA forward mortgage programs, HUD’s published guidance gives an upfront MIP of 1.75% of the base loan amount. HUD published that guidance on December 2, 2024; exceptions apply to some loan categories and legacy refinance cases, so the figure is not universal across every FHA program. The HUD explanation of FHA forward-loan premiums describes the general structure.
Check the Loan Estimate and lender’s FHA calculation to see how the upfront premium is handled in the offer—whether it is paid at closing or financed into the loan—and compare the resulting amount borrowed and costs. If it is financed, it increases the amount on which the borrower owes interest; if paid at closing, it is an upfront cash cost. The practical comparison is not just the premium line but the total cost under each offered loan.
Annual MIP paid in monthly installments
Most covered FHA forward loans also have annual MIP, collected in monthly installments. “Annual” describes the premium rate, not a once-a-year bill: the borrower typically sees the charge as part of the monthly mortgage payment. The applicable annual rate and duration depend on the loan term, base loan amount, original loan-to-value ratio (LTV), and case rules.
HUD’s Appendix 1.0 table in the Single Family Housing Policy Handbook is dated March 20, 2023; the handbook revision page reflects an August 13, 2025 revision. For covered forward loans with terms longer than 15 years, the table’s broad pattern is:
Rank #2
- [MULTIFUNCTIONAL]You'll get 2 pieces computer monitor memo boards that you can stick on the left and right edges of your monitor, and they're the perfect office desk organizers and accessories. Computer monitor side panels desktop organizer are suitable for home work or office,bringing convenience. Desktop memo is used to organize meeting memos, important messages, business cards, planning notes.Paste on the message board to keep track of important things and to-do items to prevent forgetting.
- [🌟HIGHLY QUALITY] The material of computer screen side note holder is transparent acrylic. Durable, simple, stylish, light weight, easy to use, not easy to fall off or break. This cute office supplies for women desk can be used for a long time. This computer desk accessories is waterproof and dirt resistance, and look simple and stylish. The transparent acrylic sticky note holder as cubicle accessories is easy to notice the context of your sticky notes.
- [📋Easy to use] Office must haves cool office gadgets for desk ready to tear, easy to install and remove, not easy to leave traces. You only need to peel off the protective film on the surface of the computer side board memo, wipe off the dust on the edge of the computer monitor, and then stick the desk essentials for women office on the right or left side of the tape, and you're done. A perfect gift for your colleagues, friends or classmates and family members or relatives
- [🏢MULTI-SCENE USE] This desk supplies computer memo board can be applied to home and office, clear your office decor for women, suitable for most computer monitors, screens and cabinets, you can put it where you think, this cute office decor serve as a reminder. Stick on the computer side. It’s a good office gadgets can remind work improve office productivity. Pasted cabinets, dressers, refrigerators, walls, etc as cubicle accessories. To make life more orderly.
- [💌NOTE] The adhesive force of the computer sticky note holder is very strong. It can not be directly pasted on the computer screen. It should pasted on the black edge of the screen. Narrow edge not recommended!!! If you are not satisfied with your purchase, or if the product is damaged or broken in transit, please let us know immediately. We will promptly solve your problem.
| Base loan amount and original LTV | Published annual MIP rate | Published duration pattern |
|---|---|---|
| At or below $726,200; original LTV at or below 95% | 0.50% | 11 years for qualifying loans at or below 90% LTV; mortgage term for higher-LTV bands |
| At or below $726,200; original LTV above 95% | 0.55% | Mortgage term |
| Above $726,200; original LTV at or below 95% | 0.70% | 11 years for qualifying loans at or below 90% LTV; mortgage term for higher-LTV bands |
| Above $726,200; original LTV above 95% | 0.75% | Mortgage term |
This summary describes the broad bands in the cited table, not an individual borrower’s quote. The table uses different rates and duration bands for loans with terms of 15 years or shorter; duration there can be 11 years or the mortgage term depending on original LTV and loan amount. The HUD Q&A says the published rate structure applies to case numbers endorsed on or after March 20, 2023. Since thresholds and guidance can change, confirm the applicable current handbook, case details, and lender calculation rather than assuming a historical table is still the rule for a new loan.
HUD’s calculation rules apply the annual premium to a declining balance. Do not estimate the monthly MIP for the full loan term by multiplying the starting loan amount by the annual rate and treating the result as a fixed yearly charge. Use the lender’s payment schedule or ask for the monthly premium and projected changes over time.
When can a borrower remove conventional PMI?
The CFPB’s guidance on PMI cancellation covers many single-family, principal-residence mortgages closed on or after July 29, 1999. It does not cover FHA or VA loans, and lender-paid mortgage insurance follows different rules. For an eligible loan, there are three routes to understand: a borrower request, automatic termination, and midpoint termination.
Borrower-requested cancellation at 80%
A borrower may generally request PMI cancellation when the scheduled balance reaches 80% of the home’s original value, or earlier if extra payments bring the balance to that level. “Original value” generally means the lower of the purchase price or the appraisal at purchase. For a refinance, it means the appraisal at the time of the refinance. The threshold is based on the loan’s scheduled balance and original value, not simply a new estimate of what the home would sell for today.
Rank #3
- Stay Organized with Ease: Our To Do List Notepad provides multiple sections with plenty of space to jot down all of your important tasks.A versatile office supply perfect for daily task management, helping you keep track of everything that needs to be done and prioritize effectively.
- Achieve Your Productivity Goals: Begin each day on a positive note, reminding you of your potential, strength, and the significance of staying focused on your goals. Our Daily Checklist Notepad is the ultimate tool to streamline your daily planning and elevate your productivity. With a clear and concise overview of your tasks, you can effortlessly prioritize what truly matters and make consistent strides towards achieving your goals.
- Reliable and Stylish: Our to do list planner combines functionality with durability. With a transparent PP cover, the inner pages are well-protected from dirt and wear. Additionally, the back cover is crafted with thick paperboard, offering a stable surface for your writing needs. Each notepad includes 52 pages of high-quality, 100gsm paper, which is thick and non-bleeding, resulting in a smooth and enjoyable writing experience.
- Versatile Use: This daily checklist notepad, suitable for teacher supplies and a wide range of applications, proves invaluable in various settings including work, school, and home. Whether you need to organize your daily tasks, plan a project, or create a grocery list, this notepad serves as the ideal tool. Its compact size ensures easy portability, allowing you to conveniently carry it with you throughout your day.
- Perfect Present for Anyone: Our Daily To-Do List Notepad is the perfect present for those who value organization and productivity. With its stylish design and versatility, this office desk accessory is also a practical addition to school supplies. Suitable for students, professionals, and homemakers alike, it helps keep tasks and priorities in check effortlessly.
The 80% threshold is a point at which a borrower can ask; it is not an automatic removal date. The borrower generally must make a written request, have a good payment history and be current, certify that there are no junior liens, and provide evidence of the property’s value if the servicer requires it. The CFPB’s PMI cancellation guidance, last reviewed August 28, 2026 and modified August 31, 2026, explains these conditions.
Automatic termination at 78%
For covered loans, the servicer generally must automatically terminate PMI on the date the scheduled balance reaches 78% of original value, provided the borrower is current. If the borrower is not current on that date, termination is delayed until shortly after the borrower becomes current. This is a scheduled-balance rule; it is not a promise that a home’s rising market value will trigger automatic removal.
Midpoint termination
If PMI remains in place, a separate midpoint rule requires the lender or servicer to end it in the month after the loan reaches the midpoint of its original amortization schedule, even if the balance has not fallen to 78%. Payments must be current. The midpoint is determined from the original loan schedule, so a borrower should ask the servicer how it applies to that loan rather than estimating it from the current balance.
Quick wins for a faster PC:
Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Some investor rules for Fannie Mae and Freddie Mac loans may allow earlier cancellation, but the CFPB says those rules cannot be less favorable than the legal requirements described on its page. If the servicer denies a request, ask which condition was not met, whether it needs documentation, and what date or balance would make the loan eligible. Keep the written response and any submitted records.
Rank #4
- 【Adjustable & Ergonomic】：This laptop stand can be adjusted to a comfortable height and angle according to your actual needs, letting you fix posture and reduce your neck fatigue, back pain and eye strain. Very comfortable for working in home, office and outdoor.
- 【Sturdy & Protective】 ：Made of sturdy metal, it can support up to 17.6 lbs (8kg) weight on top; With 2 rubber mats on the hook and anti-skid silicone pads on top & bottom, it can secure your laptop in place and maximum protect your device from scratches and sliding. Moreover, smooth edges will never hurt your hands.
- 【Heat Dissipation】 ：The top of the laptop stand is designed with multiple ventilation holes. The open design offers greater ventilation and more airflow to cool your laptop during operation other than it just lays flat on the table.
- 【Portable & Foldable】：The foldable design allows you to easily slip it in your backpack. Ideal for people who travel for business a lot.
- 【Broad Compatibility】：Our desktop book stand is compatible with all laptops from 10-15.6 inches, such as MacBook Air/ Pro, Google Pixelbook, Dell XPS, HP, ASUS, Lenovo ThinkPad, Acer, Chromebook and Microsoft Surface, etc.Be your ideal companion in Home, Office & Outdoor.
Does FHA mortgage insurance ever go away?
Yes, but many FHA borrowers cannot remove MIP simply by reaching the conventional 80% or 78% thresholds. For FHA case numbers assigned on or after June 3, 2013, duration is tied to original LTV and loan-term rules. Qualifying lower-LTV cases may have an 11-year MIP period, while many higher-LTV loans carry MIP for the mortgage term. The loan’s original inputs and the applicable case rules determine which applies.
HUD states that FHA insurance can be terminated when the mortgage is paid in full before maturity. Paying the loan off through a sale or refinance is different from asking a servicer to remove only the insurance while keeping the same mortgage. HUD’s Final Monthly MIP Payment Date / Loan Balance at Final MIP Date lookup and its Single Family Mortgage Insurance Premiums page are relevant official references; a borrower should also confirm the case-specific date and balance with the servicer.
The historic 78%-balance cancellation route applied only to specified FHA cases assigned before June 3, 2013, and only when eligibility requirements were met. It should not be treated as the rule for newer FHA loans. Existing FHA borrowers who are unsure should locate the case number assignment date, original loan data, and servicer records, then check the handbook rules that apply to that case.
FHA MIP vs. conventional PMI at a glance
| Comparison point | FHA MIP | Conventional PMI |
|---|---|---|
| Who sets the system | HUD/FHA program rules and applicable case details | Loan and investor terms, plus legal protections for many covered loans |
| Upfront charge | Usually 1.75% of base loan amount for most covered forward programs; exceptions apply | Not stated as a universal amount in CFPB cancellation guidance; obtain the lender’s quote |
| Recurring charge | Annual MIP generally collected in monthly installments; rates depend on loan characteristics and case rules | PMI amount and structure are specific to the borrower and lender offer |
| Potential cancellation or end point | For post-June 3, 2013 case numbers, duration follows original LTV and term rules; mortgage payoff ends FHA insurance | Many covered loans allow a written request at scheduled 80% of original value, automatic termination at scheduled 78% if current, or midpoint termination if still insured and current |
| Value basis for a balance threshold | No general 80%/78% cancellation route for newer cases | Original value, generally purchase price or appraisal at purchase (lower amount), or refinance appraisal |
The table is a rules comparison, not a price ranking. Conventional PMI is borrower- and lender-specific; FHA has published premium rules, but the actual payment depends on the relevant loan inputs and calculation. Neither the quoted recurring charge nor the headline rate alone shows how much insurance the borrower will pay before sale, refinance, cancellation, or payoff.
Best Value
- Twin-Ball Design : Hiacry gel pen features a double ball conical tip that reduces writing resistance and provides a stable and smooth writing experience. 0.7mm quick drying black ink ensures no jumping, leakage or seepage.
- Quick-Dry Long Lasting Ink：0.7mm black ink can slide effortlessly, dry immediately, & is not easily dirty. It has a high-capacity reservoir (up to 1300 meters), which is very suitable for left-handed & right-handed users.
- Sleek Design for Journaling & Planning: Engineered with a low center of gravity and precision tip for steady ink flow, these journaling pens excel at note-taking, sketching, planning, and more. They combine stylish pens with top-tier performance.
- Rolling Ball Design：The pocket clip with roll ball design can be easily attached to notebook pockets and binders, in addition, the fidget on the pen clip is also a small toy for your daily thinking to relieve stress.
- Comfortable Non-Slip Grip：The ergonomic pen barrel has a soft rubberized coating for a comfortable, non-slip grip, so you won't get fatigued even after long hours of writing.
How to compare the actual cost of two offers
Compare the FHA and conventional Loan Estimates side by side using the same home price, down payment, loan term, and expected time in the home or mortgage. Ask the lenders to project the monthly payment, insurance duration, and cumulative loan payments through the date you expect to sell, refinance, or pay off the loan. The goal is to compare the whole loan over a realistic horizon, not a generic FHA-versus-PMI average.
- Record the loan inputs. Note the base loan amount, down payment, original LTV, loan term, interest rate, and any rate or pricing conditions on each Loan Estimate. For FHA, identify the FHA case rules used in the premium calculation; for conventional, identify whether the quoted insurance is borrower-paid PMI or lender-paid coverage.
- Separate upfront from recurring insurance. For FHA, record the upfront MIP amount and whether it is paid at closing or financed, plus the monthly MIP shown in the estimate. For conventional, record any upfront or recurring PMI charges actually shown. Do not assume an unstated premium or structure.
- Ask how the recurring charge changes. Request an amortization or payment schedule showing the projected premium by month or year. FHA annual MIP is calculated on a declining balance under HUD rules; the applicable amount should come from the lender’s calculation. For conventional PMI, ask what balance or date the servicer uses for a cancellation request and what conditions apply.
- Project the likely end date. For conventional PMI, estimate the scheduled 80% request date and scheduled 78% termination date, then account for any eligibility conditions and the midpoint rule. For FHA, use the original LTV and term rules for the specific case, and consider when payoff through sale or refinance is likely. Do not assume that appreciation alone will remove FHA MIP.
- Compare all payments through your horizon. Add the upfront cash cost or financed amount, projected interest, recurring mortgage-insurance charges, and other loan costs through the intended sale, refinance, or payoff date. If the upfront FHA MIP is financed, include the interest associated with the larger principal. This gives a more relevant comparison than multiplying a starting balance by a premium rate for every year.
- Request a written side-by-side projection. Ask each lender to state the assumptions, projected insurance end date, and total estimated payments over your expected holding period. If a premium duration or cancellation rule is unclear, get the case-specific answer from the lender or servicer before choosing.
Why the cheapest insurance line may not mean the cheapest loan
A smaller monthly PMI or MIP amount does not automatically mean a lower total cost. One offer may have a different interest rate, a larger financed balance, higher other loan costs, or a longer period with insurance. Conversely, a larger initial insurance charge may matter less if the loan has a shorter expected duration or is paid off sooner. Compare the projected payment stream and total costs over the same timeframe.
Down payment and credit profile can affect which offers are available and how they are priced. The FHA annual premium also varies by original LTV, term, and base loan amount; conventional PMI depends on borrower- and lender-specific pricing. A borrower should therefore compare the loans they actually qualify for rather than a typical PMI rate against an FHA premium from a general table.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
Expected time in the loan is especially important. A borrower who plans to move or refinance well before a potential cancellation date may pay only part of the projected insurance stream. Someone who expects to keep the mortgage for many years may care more about whether conventional PMI can end under the scheduled-balance rules and whether FHA MIP lasts 11 years or the mortgage term. These are projections, not guarantees about future plans or home value.
Questions to ask your lender or servicer
- What is the exact upfront premium, recurring monthly insurance payment, and total projected amount over my expected loan period?
- For an FHA loan, what case number date, original LTV, term, and premium table are being used to determine the MIP rate and duration?
- For conventional coverage, is it borrower-paid PMI or lender-paid mortgage insurance, and which cancellation rules apply to this loan?
- What is the scheduled balance and date for a conventional 80% cancellation request, 78% automatic termination, and midpoint termination?
- What payment-history, lien, current-payment, or valuation requirements would I need to satisfy before PMI can be removed?
- Can you provide a written payment schedule or comparison of total payments through the date I expect to sell, refinance, or pay off the mortgage?
Policy timing and official references
HUD announced FHA Single Family policy updates on June 23, 2026, covering origination, servicing, and quality control. That announcement describes a change to appraisal field reviews, including a stated average cost of $425 per FHA appraisal field review and approximately $3.3 million in expected annual industry savings. Those figures concern the field-review policy, not mortgage-insurance premiums or a borrower’s expected savings. The announcement does not state that MIP rates or cancellation duration changed. See HUD’s June 23, 2026 announcement; use the applicable handbook and loan-case details for premium rules.
For the conventional cancellation framework, consult the CFPB’s PMI guidance. For FHA, use HUD’s premium-structure explanation, the handbook Appendix 1.0, and the HUD premium page alongside the lender or servicer’s calculation for the actual loan.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
Recommended Free Tools
