If a single mortgage loan accounts for more than 80 % of the purchase price, you'll have to pay mortgage insurance on top of the loan. (homebuyinginstitute.com)
The first and second mortgage loans account for 80 % and 15 % of the purchase price, respectively. (homebuyinginstitute.com)
If a single mortgage loan accounts for more than 80 % of the purchase price, you'll have to pay mortgage insurance on top of the loan. (homebuyinginstitute.com)