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MariettaO [177]
2 years ago
13

What is the monthly payment after PMI is dropped?

Mathematics
1 answer:
Elis [28]2 years ago
3 0

Answer:

The lender or servicer must automatically terminate PMI when your mortgage balance reaches 78 percent of the original purchase price — in other words, when your loan-to-value (LTV) ratio drops to 78 percent.

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