ZILLOW, on FHA Quotes, YOU are part of the problemZillow, after seeing Ernie's post this morning being warned his APR is wrong, I looked at some of his FHA quotes. What I found is that you calculate the APR too high on ALL manual quotes and some API quoters are too high, also. The correct calculation for APR is based on the MI to fall off after the loan balance reaches 78% LTV, you are calculating the APR with MI through the entire 30 years. On Gregorios quote, you show his APR at 6.337% and the correct APR is 6.045%, and I know his quote is manual. Earnie's quote shows 6.560 and correct APR is 6.285%, and I believe his quote is API. They are not all off that much, here are the rest of the FHA quotes.Seiler Real Estate - 6.726 - actual = 6.460Save Financial - 6.349 - actual = 6.060Bank of KC - 6.253 actual = 6.286HITECH Lending - 6.006 actual = 6.027Bank Mortgage - 6.092 actual = 6.114FHA QuotesZillow, please adjust your calculator with the mi canceling at 78% so the manual quotes are not penalized.June 07 2009 - US88YesReport 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.