That's
an additional annual cost of $ 5,603.04 ($ 466.92 x 12) to borrow an extra $ 20,250 above the conventional loan limit of $ 729,750.
For
an additional annual cost, this feature can be added to help protect and grow the amount of future income2:
This insurance is purchased without underwriting or
additional annual cost.
The additional annual cost of these options can range from less than $ 10 to more than $ 250.
As any experienced home buyer knows, there are
additional annual costs that come with owning a home, such as property taxes, home insurance, and any association fees.