You can use this money for your mortgage payments or other operating costs associated with your new home. (mortgage-x.com)
But don't forget other operating costs such as insurance, taxes, maintenance and a contingency fund to cover advertising, administration and bad debts, like tenants skipping out. (moneysense.ca)
In online sector, agent is not involved and therefore, insurance company saves commission and other operating costs which are involved in offline product. (policybazaar.com)