The FHA Annual Mortgage Insurance increased on April 1, 2013. This applies to the Annual MI, not the UFMIP (Upfront Mortgage Insurance Premium) typically financed into the loan.
I have included a chart with the old MI and the new MI
Loan Term Greater Than 15 Years
Base Loan Amount | LTV | Old MI | New MI |
<$625,500 | <95.00% | 120 bps | 130 bps |
<$625,500 | >95.00% | 125 bps | 135 bps |
>$625,500 | <95.00% | 145 bps | 150 bps |
>$625,500 | >95.00% | 150 bps | 155 bps |
Loan Term 15 Years or Less
Base Loan Amount | LTV | Old MI | New MI |
<$625,500 | 78-01% – 90.00% | 35 bps | 45 bps |
<$625,500 | >90.00% | 60 bps | 70 bps |
>$625,500 | 78-01% – 90.00% | 60 bps | 70 bps |
>$625,500 | >90.00% | 85 bps | 95 bps |