PMI, down payments and homebuying power

Private mortgage insurance can make certain conventional loans available with a smaller down payment, but the premium adds to the cost of borrowing. It does not automatically qualify you for a larger loan or a particular home price.

Qualification depends on the complete loan scenario, including income, debts, credit, available funds and property. Compare the full payment and cash needed at closing with your household budget.

Build your home purchase plan or review your buying power with Team Windes.

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