How is primary mortgage insurance calculated?

Answer Primary mortgage insurance, commonly known as private mortgage Insurance (PMI), provides protection to a lender in the event that mortgage holder doesn't making her monthly payments. PMI rates depe... Read More »

Top Q&A For: How is primary mortgage insurance calculated

How is private mortgage insurance calculated?

Private mortgage insurance (PMI) is a policy that protects lenders against the risk of borrowers defaulting on their loans. The cost is paid for by the borrowers but protects the creditor.CostThe c... Read More »

What is primary mortgage insurance?

When you make mortgage payments, you may be paying more than just the principal and interest on your mortgage loan. You may also pay primary mortgage insurance (PMI) to your lender.SignificanceIt i... Read More »

Can you obtain a secondary health insurance policy for a child when the primary placement parent has the primary insurance coverage?

Answer Yes most definately! It does not matter who has "primary placement". It is based on which parents birthdate comes first in the year. If you were born Jan 3rd and the other parent was bor... Read More »

How is mortgage APR calculated?

Mortgage APR, or annual percentage rate, is slightly different than a standard APR. The purpose of the mortgage APR is to include all of the costs of the loan rather than just looking at the intere... Read More »