80-10-10 Comparison
This is way for a buyer to avoid paying mortgage insurance on a 90% loan by applying for an 80% first mortgage and a 10% second mortgage. It compares the payments on a 90% loan with MI and and the combination of the two mortgages.
This is way for a buyer to avoid paying mortgage insurance on a 90% loan by applying for an 80% first mortgage and a 10% second mortgage. It compares the payments on a 90% loan with MI and and the combination of the two mortgages.