Why Refi PMI being added on new loan since current loan already has PMI addedCurrent FHA mortgage with PMI about $6,400 added to loan, now planning to refinancing they wont to add $4,500 to the new loan amount. My loan is from 6/2010 going from 4.75% to 3.25%. so I don't understand how I am now going to pay more for PMI over $11,000. How can this be should It be adjusted that I already paid 2yrs of PMI and the current PMIwith new PMI should be adjusted. Because I am being told the add on top of new loan.October 23 2012 - Roselle Park00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.