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  2. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    Eliminate private mortgage insurance (PMI) If your home’s value has increased, increasing your equity stake, you could refinance your conventional loan to get out of paying private mortgage ...

  3. When should you refinance your mortgage? - AOL

    www.aol.com/finance/when-to-refinance-mortgage...

    It gets rid of private mortgage insurance. If your home value has gone up, there’s a chance refinancing your home could get rid of PMI sooner. Dropping PMI lowers your monthly payments.

  4. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Here’s a look at how PMI might play out based on how much you put down, according to the Freddie Mac mortgage insurance calculator and the Bankrate mortgage calculator. These examples assume a ...

  5. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.

  6. How much money do you need to buy a house? 6 costs to ... - AOL

    www.aol.com/finance/much-money-buy-house-6...

    With high home prices and high mortgage rates, it may be tough to afford a house on $100K per year, even though that’s a relatively high salary. Following the 28/36 rule, look for a home and a ...

  7. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    PMI hedged the risk brought by the high loan-to-value ratio by offering insurance against foreclosure for whoever owned the "whole loan". Although HARP 2.0 allows homeowners with PMI to apply through the Making Home Affordable Refinance Program, many homeowners have faced difficulty refinancing with their original lender.

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