How much do you pay for the house in total in the above example? Assume you will only be paying PMI for the first 2 years of the

Question

pav-90 [236]

1 year ago

11

How much do you pay for the house in total in the above example? Assume you will only be paying PMI for the first 2 years of the

mortgage?

Mathematics

1 answer:

Nataliya [291] · Answer 1 · 2023-07-08T08:06:22+03:00

Nataliya [291]1 year ago

7 0

Answer:

start with your current mortgage balance. For a new mortgage, subtract your down payment from the home price. Calculate the LTV. Divide the loan amount by the property value.

Step-by-step explanation: