PMI fees are generally expressed as a percentage of the loan amount. They can range from about 0.3% to 1.15% of the amount being borrowed. This is the amount you pay each year. (Example: a $300,000 home loan with an annual insurance rate of 0.5% would have $1,500 added onto it every year.Monthly, this would come out to an extra $125 per mortgage payment.).FHA Loans. The cost of FHA mortgage insurance is a bit more complicated.Example: a $300,000 home loan with an annual insurance rate of 0.5% would have $1,500 added onto it every year. Monthly, this would come out to an extra $125 per mortgage payment.). FHA Loans. The cost of FHA mortgage insurance is a bit more complicated.
-Trusses vary in terms of cost. One study showed that trusses installed in Boston cost an average of $3.87 per square foot of building area, while the same trusses in New York City cost $4.42. In Raleigh, they cost $2.59 per square foot of building area.
The average construction cost is much higher than the 2011 cost, which was $184,125, and NAHB notes it is the highest itâs been since 1998. The 2013 construction cost per square foot ($95) also jumped in comparison to 2011, where it was $80 per square foot.Framing and trusses are the largest component of construction costs.he cost per square foot of framing and trusses was $11 in 2011 and jumped to $16 per square foot in 2013. The reason behind these increases is possibly attributed to rising lumber costs and shortage of professional framers. Framing crews were reportedly hard to come by in 2013.