The above purchase scenario is for Home Buyers that are purchasing a home and considering a Down Payment of 5% or 10%. They are also comparing Mortgage Insurance options to decide which is best for them. Their FICO Scores are 720 and they have no additional debt.

These scenario mortgage rates are actual live prices from the GMFS Wholesale Rate Sheet for a 30 Year Fixed Conforming loan with a 45 day lock on May 11, 2018.