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October 23, 2006
2-1/2 Times Your Income
Many buyers in recent years have stretched the limits of affordability, and have bypassed the traditional 20% down model. But make a smaller down payment, and most lenders will require you to have private mortgage insurance (PMI), which adds a minimum 0.5% of the loan amount to your mortgage payments, about $1,000 more a year on a $200,000 principal.
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Posted on October 23, 2006 09:40 AM by mortga184.
Filed in Mortgage Calculator under mortgage insurance.
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Uw online verzekeringsmakelaar Eerst Europa Doelstellingen: De Ci2i Verzekering (Ci2i) zal het nummer een gebrandmerkte pan Europese commoditized online verzekeringsmakelaar door 2010 zijn.
Posted by: First Europa NL at November 1, 2006 02:50 AM
