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Expect to pay a percentage of your loan value in a mortgage insurance premium for federal housing administration loans that don’t have at least 20 percent down payments. Terms vary slightly when.
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When 2+2=5: How mortgage calculators are misleading – "Taxes, insurance, homeowner association dues or condo management fees, utilities and general maintenance are variables not accounted for in traditional mortgage calculators," said Sonu Mittal, head.
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