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Mathematics, 06.12.2021 16:40 jadawada223

Michael is purchasing a $142,000 home with a 30-year mortgage. He will put down $17,000 down payment. Use the table below to find his monthly PMI
payment
Base-To-koan
Fixed-Rate Loan
30 yrs 15 yrs
ARM 29 + 1 Year Cap
39 yrs 15 yrs
95.01% to 97%
0.90% 0.79%
n/a
n/a
90.01% to 95%
0.78% 0.26%
0.92%
0.81%
85,01% to 90%
0.52% 0.23%
0.65%
0.54%
85% and Under
0.32% 0.19%
0.37%
0.26%

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Michael is purchasing a $142,000 home with a 30-year mortgage. He will put down $17,000 down payme...
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