If you have less than a 20 % down payment, you will likely have to pay for mortgage insurance on top of your mortgage payment. (lendedu.com)
Monthly home costs can be tough to manage when you have heat, air conditioning, electricity, and garbage collection on top of your mortgage payment. (trustedchoice.com)
There's an upfront premium that is due at closing, as well as an annual premium that is paid monthly on top of your mortgage payment. (homebuyinginstitute.com)