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PMI is different on FHA, VA, and Conventional Mortgages
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VA Mortgages have no monthly PMI, they have a funding fee that goes on top of the loan and it varies from a first-time VA buyer to a second-time user if there is a certain percentage of disability then no funding fee.
With an FHA Mortgage, there is an upfront funding fee of 1.75% and a .55 factor for monthly PMI.
Now for Conventional Mortgages, there is no upfront funding fee only a monthly PMI and that depends on your credit scores and down payment on your home.
With an excellent credit score, the monthly PMI factor can be at .1 and up
It is good to know because your interest rate is predicated on your credit score and also the PMI can be a factor as well on Conventional loans.
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