Best PMI estimation method?

[Lukas Labanauskas]

Hello,

I am wondering what is the best way to estimate the PMI payment with a low 5% conventional loan in Southern California?

Looking to purchase a 1-4 unit property just need help estimating the numbers.

Thank you,

[Jason Wray]

Lukas, 

Your going to need more down to go conventional on a Duplex, Tri-plex, or Quadplex. Duplex going conventional is going to be 15% down unless you go FHA which is 3.5% down. If you go FHA its not PMI its MIP which is (.85)

PMI is based on down payment, credit score, DTI and loan amount. You can search the internet for a PMI calculator and play with the options.