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Homeowners...
andreahowie2011 Posted: Sep 23, 2012 09:59 PM+
andreahowie2011 MEMBER SINCE: 12/09 TOTAL POSTS : 1406 WEDDING DATE: Jul 17, 2011
Posted: Sep 23, 2012 09:59 PM bride-minus.png

Homeowners...

Approximately how much is PMI every month?

200? 300?
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adelz Posted: Sep 26, 2012 05:09 PM+
adelz MEMBER SINCE: 10/10 TOTAL POSTS : 10738 WEDDING DATE: Apr 30, 2011
Posted: Sep 26, 2012 05:09 PM bride-minus.png

Re: Homeowners...

Depends on how much % you put down and how much your home value is I think. There's a formula I've seen before that's been utilized - but $200-$300 sounds about right assuming you put down like 10% or something.
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leesah85 Posted: Sep 29, 2012 04:41 PM+
leesah85 MEMBER SINCE: 1/10 TOTAL POSTS : 14485 WEDDING DATE: Nov 04, 2011
Posted: Sep 29, 2012 04:41 PM bride-minus.png

Re: Homeowners...

I think my PMI payment is about $260 per month

It's built into your mortgage so it's not really separately out - PMI, taxes and principal/interest are all combined into one number
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Gin-Char 104 Posted: Oct 08, 2012 09:02 PM+
Gin-Char 104 MEMBER SINCE: 8/05 TOTAL POSTS : 1674 WEDDING DATE: Aug 05, 2012
Posted: Oct 08, 2012 09:02 PM bride-minus.png

Homeowners...

agree with Leesah85 and adelz; at least, mine too is built into my mortgage payments.
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MCR22 Posted: Oct 24, 2012 12:33 PM+
MCR22 MEMBER SINCE: 9/12 TOTAL POSTS : 21 WEDDING DATE: Mar 01, 2014
Posted: Oct 24, 2012 12:33 PM bride-minus.png

Homeowners...

Ours is $400. We paid it totally seperate
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AnnaK26 Posted: Oct 27, 2012 01:50 AM+
AnnaK26 MEMBER SINCE: 2/12 TOTAL POSTS : 160 WEDDING DATE: Oct 14, 2012
Posted: Oct 27, 2012 01:50 AM bride-minus.png

Homeowners...

PMI is 1.25% of your loan amount per year plus 1.75% of loan amount up front in closing costs
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