Rate Programs
Monthly Premiums

You can dramatically reduce closing costs with MGIC's Monthly Premiums. Only the first month's premium is due at closing.

To determine monthly premium, multiply the applicable premium rate by the loan amount and divide that product by 12. Round the premium to the nearest penny.

For the most current rates, select the appropriate rate card:

• National Rate Card (.pdf, see p.2)
• New York Rate Card (.pdf, see p.2)

Or calculate rates using MGIC's Rate Finder.