ledzep75 wrote:I understand about the taxes and insurance in DTI (Iv'e been "playing with the FHA calculator on their website). However this is the first Iv'e heard regarding an FHA "monthly fee " . What exactly is this? Thanks
Fha mortgage insurance premium fee that is added to your monthly payment. The other Fha fee is the upfront mortgage insurance premium. Here is a website that may explain it a little better. http://budgeting.thenest.com/calculate-fha-mortgag
Starting Score: 08/29/2011 TU 671 EQ 674Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Silver Spade Garden Club Member: App Free since 1/1/13. No more apps til 2014
MyFICO Fitness Goal: 800s Club!
Take the myFICO Fitness Challenge
