On average, PMI will set you back 0.5 to one.5 percent of your own amount borrowed annually. Which means to your good $200K loan, PMI perform costs regarding $step one,one hundred thousand so you’re able to $3,100 from year to year.
On average, PMI will set you back 0.5 to one.5 percent of your own amount borrowed annually. Which means to your good $200K loan, PMI perform costs regarding $step one,one hundred thousand so you’re able to $3,100 from year to year.