1. LawStack
  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Subchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES
  6. Part 203 - SINGLE FAMILY MORTGAGE INSURANCE
  7. Subpart B - Contract Rights and Obligations
  8. Topic - Mortgage Insurance Premiums—Periodic Payment
  9. 24 CFR § 203.261
24 CFR § 203.261
Calculation of periodic MIP
February 22, 2021
CFR

The amount of any periodic MIP shall be calculated in accordance with the original amortization provisions of the mortgage, without taking into account delinquent payments, prepayments, agreements to postpone payments, or agreements to recast the mortgage.

[48 FR 28805, June 23, 1983]

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§ 203.260 Amount of mortgage insurance premium (periodic MIP)
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§ 203.262 Due date of periodic MIP

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