If you opt for a higher deductible, you would be able to compensate it by the savings on the reduced monthly insurance premiums. (autoquotenow.com)
That has saved them hundreds in monthly insurance premiums while allowing them to build up a savings account that's exempt from federal income taxes. (realtormag.realtor.org)
While other types of home loans will require very little to no down payment, they will also often require a person to pay for mortgage insurance, including monthly insurance premiums. (vahomemortgageloans.org)