Steve-Drake 2014-01-29 11:55:12 UTC #2 This calculation varies so I suggest you call your bank or mortgage broker and see how they calculate the ratios. up to 100% of the down payment with no.
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Monthly PMI payment Monthly cost of Principal Mortgage Insurance (PMI). For loans secured with less than 20% down, PMI is estimated at 0.5% of your loan balance each year.
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