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Second Loan vs PMI Input Property Info Home Value ($) Additional Info Annual PMI ($) (%) Downpayment 5% 10% 15% Standard 80% Loan Second Interest (%) (%) (%) Loan Length (Yrs) (Yrs) (Yrs) Points (%) (%) (%) ClosingCost ($) ($) ($) Show amortization table Financial Analysis   Standard 80% Loan Second Points Value $2,700.00 $3,600.00 $300.00 ClosingCost $1,200.00 $700.00 $1,000.00 Total Closing Cost $3,900.00 $5,600.00 Downpayment $30,000.00 Upfront Cost $33,900.00 $35,600.00 Amount Financed $267,300.00 $236,400.00 $29,700.00 Monthly Payment $1,394.36 $1,162.95 $250.63 Months with PMI 70 0 0 Monthly PMI $112.50 $0.00 $0.00 Total Monthly Payment $1,506.86 $1,413.57 Total Interest Paid $234,670.80 $197,673.11 Total PMI $7,875.00 $0.00 $0.00 Total Payments $509,845.80 $463,773.11 E-Mail Address: Password: Forgot password? I have read and agree to the Terms of Service

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