Submitted by mommy2boy t3_10l3nk4 in RhodeIsland
Vall1123 t1_j5zjdaq wrote
Reply to comment by climb-high in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
My pmi is much more than that, but it’s not problematic at least for now. But annoying.
Though, the pmi won’t last forever which is great.
climb-high t1_j5zqyhs wrote
How much more? It’s dependent on the size of the loan and other credit factors right?
Vall1123 t1_j5zrdt1 wrote
Correct. I’m not sure if credit is affected in the amount but just the size of the loan and the % for pmi. I know I get around $125-$150 for pmi per month. Hopefully soon I can get it to go away
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