The chart shown below below states an estimated premium amount based on the coverage amount. Take this amount and divide by 12 to get the monthly figure.
FRAME HOME BUILT AROUND 1980 AND
AFTERESTIMATED HOME INSURANCE AMOUNT |
| |
Coverage Amount |
Estimated Premium |
| |
$40,000 |
231.00 |
| |
$50,000 |
260.00 |
| |
$60,000 |
283.00 |
| |
$70,000 |
313.00 |
| |
$80,000 |
343.00 |
| |
$90,000 |
379.00 |
| |
$100,000 |
407.00 |
| |
$110,000 |
446.00 |
| |
$120,000 |
484.00 |
| |
$130,000 |
520.00 |
| |
$140,000 |
567.00 |
| |
$150,000 |
606.00 |
| |
$160,000 |
642.00 |
|
If you are escrowing your taxes and insurance, the monthly insurance amount calculated above, will be added to your required monthly mortgage payment to equal your total monthly payment. |
