---
kind: "section"
citation: "24 C.F.R. § 203.261"
title: "24"
number: "203.261"
heading: "Calculation of periodic MIP."
url: "https://uscodex.org/cfr/24/203.261"
---

# §203.261. Calculation of periodic MIP.


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.


## Notes

### Amendments

[48 FR 28805, June 23, 1983]

### Authority

Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

### Amendments

[48 FR 28805, June 23, 1983]