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PMI question---

Posted By Message

sometimesmommy
Always in my heart.....

Member since 11/06

6686 total posts

Name:

PMI question---

What is the avg PMI on a home costing 350-400K?

Also is it better to pay PMI or pay the higher interest rate by doing a split mortgage (piggy backChat Icon ) since the interest can be tax deductible?

Message edited 1/2/2009 6:01:26 PM.

Posted 1/2/09 5:48 PM
 
Prudential Douglas Elliman Real Estate
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vintagegirl
LIF Infant

Member since 12/07

167 total posts

Name:
Laura

Re: PMI question---

love to know this also.. bump

Posted 1/2/09 5:59 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: PMI question---

it depends on a lot of factors - how long you plan on living, what %DP are you making, do you plan on doing major renovations, etc.

Posted 1/2/09 6:54 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: PMI question---

MY MORTGAGE IS 339,000. AND I PAY 100.00 PMI

Posted 1/2/09 8:01 PM
 
 

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