If you purchase a home with less than 20% down, chances are you will be required to pay an PMI. See this post about what determines PMI.
You should consider the PMI amount in your home affordability calculation.
Use the Mortgage PMI Calculator below to get an idea of the likely PMI amount you will have to pay.
You should consider the PMI amount in your home affordability calculation.
Use the Mortgage PMI Calculator below to get an idea of the likely PMI amount you will have to pay.
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