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

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

   Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. ... balance reaches 78 percent of your home’s value. Lender ...

3. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

   www.aol.com/dave-ramsey-7-tips-paying-120027516.html

   Here’s how extra payments would affect a $220,000, 30-year mortgage with a 4% interest rate: Make one extra payment each quarter to shave 11 years and nearly $65,000 off your mortgage.

4. How to Reduce Your Mortgage Insurance Payment - AOL

   www.aol.com/2013/02/27/mortgage-insurance

   By Scott Sheldon Mortgage insurance is the dreaded premium on a mortgage payment that consumers hate, and for good reason. It makes the cost of homeownership rise over time, benefiting one group ...

5. What is mortgage insurance? - AOL

   www.aol.com/finance/mortgage-insurance-174421492...

   Mortgage insurance is an insurance policy that protects the mortgage lender, but the borrower is the one who pays for it. With mortgage insurance, the lender or titleholder is covered in case you ...

6. How to buy a house with bad credit - AOL

   www.aol.com/finance/buy-house-bad-credit...

   As you can see in the example above, having a FICO Score in the lowest range shown in the calculator (620-639) could cost you an extra $377 per month on your mortgage payment compared to someone ...

7. Collateral protection insurance - Wikipedia

   en.wikipedia.org/.../Collateral_protection_insurance

   Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

8. What are the monthly payments on a $300,000 mortgage? - AOL

   www.aol.com/finance/300000-mortgage-payment...

   Assuming a 30-year fixed-rate mortgage at 6.5% interest, including estimated property taxes and insurance, the payment on a $300,000 mortgage would be around $2,160 a month.

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