re: Should I refinance with these numbers?

Why is your PMI increasing. Did you lose value and reduce your principal any? If you are increasing your loan amount because of the fees. You need to go to a broker who will try to send you through FNMA. PMI premiums are more expensive than they were 3 years ago, but you should be able to get a lower rate and the PMI premiums are less for FNMA than FHA. Email me if you want a quote. You can do it multiple ways, but it looks like you could be lower. It will really depend on the appraisal.