What is private mortgage insurance?
根据您的首付款，可能需要私人抵押贷款pp王者电子官网(PMI). We walk you through PMI basics.
Private mortgage insurance, known as PMI, 如果你的首付款少于房屋成本的20%，一般需要吗. 我们提供了关于PMI是什么，可能花费多少以及您可以做些什么来停止支付PMI的见解.
What is PMI?
如果你的首付款低于房屋成本的20%，贷款机构会认为你承担更大的风险. 对于房屋资产相对较少的借款人, lenders require private mortgage insurance, or PMI, 如果你不能偿还贷款，保护他们.
Average PMI information, as of 2021:
- PMI帮助了超过3700万房主.
- PMI的平均贷款约为33万美元.
- Over 43% 的pp王者电子官网市场包括PMI贷款.
Private mortgage insurance vs. homeowners insurance
私人抵押贷款pp王者电子官网经常被误认为是房主pp王者电子官网. PMI协助确保抵押贷款的首付款低于20%，而 homeowners insurance 帮助保护您的财产，当它被损坏在承保损失.
How much does PMI cost?
If your down payment will be less than 20%, 在一段时间内，PMIpp王者电子官网费可能会成为您每月贷款支付金额的一部分. 你需要支付的金额取决于你的贷款规模，你的首付款金额和你的 credit score. According to Rocket Mortgage, average PMI rates typically range from 0.1% to 2% of the loan amount each year.
- Example: $235,000 loan with a 0.75% premium = $1,762.50 per year or an extra $146.88 per month
Getting rid of PMI
一旦你的贷款本金达到房屋价值的80%, 您可以在以下情况下要求您的银行取消PMI:
- You request cancellation in writing
- 您已按时付款，贷款是当前的
- 你没有用房子获得额外的贷款，比如第二次抵押贷款
Automatic cancellation
If you are current on your payments, your lender may automatically cancel your PMI 当剩余贷款本金达到房屋原值的78%时.
For more information on lending, read about questions to ask your mortgage lender.
