I’m having similar issues with a refi. The first GFE was $80 for PMI, now they are saying $125. Makes me wonder if the whole mortgage industry is crooked. Currently paying $105 for PMI.
Plus-interest moves down a point
term shortens by 7 years
Cons-PMI goes up $20
time to pay off PMI increases(lower appraisal)
must pay closing costs
monthly goes up by $120
Decisions,decisions