In the case of an FHA loan, PMI is required throughout the entire lifespan of the loan. (savingthousands.com)
The rate is typically lower but the lifespan of the loan lasts longer. (proopinion.com)
Plan ahead, and don't let a last - minute impulse buy result in you paying thousands extra in interest over the lifespan of your loan. (gocleancredit.com)