How do you calculate the PMI on a property using the BP rental calculator?
Don't know if you can, but it's 1.75% upfront, and .85% of loan amount per year.
Hey @Kevin Izquierdo - Wayne was right - right now you have to add it manually. We didn't add it because the numbers could change (VA vs FHA vs conventional pmi) so I would find out what PMI charge you will get, and then put that in as both part of the closing costs (for the upfront part) and as an "other expense" for the monthly part.
Hope that helps!
By the way, I was quoting FHA, MIP.
Is there a generic number we can plug in somewhere as a place holder?