When Does FHA Mortgage Insurance Go Away? The 11-Year Rule, the Refinance Exit, and the Math

When Does FHA Mortgage Insurance Go Away? The 11-Year Rule, the Refinance Exit, and the Math

Douglas Wilkerson
Published on: 08/11/2026

Less than 10% down on an FHA loan means mortgage insurance for the life of the loan — about $29,400 on a $300,000 home. Here is the 11-year rule, the refinance exit, and the math.

FHA mortgage insurance removalwhen does FHA MIP go awayFHA MIP 11 year ruleremove FHA mortgage insuranceFHA to conventional refinanceFHA MIP life of loanFHA loan JacksonvillePMI vs MIP