First-time homebuyers might be surprised to learn that your monthly mortgage payment is more than the amount due on your home loan. That's what's called the principal; the payment also includes ...
Discover effective ways to avoid costly PMI and make your home more affordable. Learn to leverage home appreciation, use piggyback loans, and explore mortgage options.
Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term or ...
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