私人抵押保险(PMI)

私人抵押保险,或“PMI”, is a type of insurance charged on conventional mortgage loans. This insurance is essential for mortgages under a specific loan to value ratio and provides coverage for the lender when they give you a loan.

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In this guide, we’ll look at who needs to pay 采购经理人指数 and why, while also discussing the ways that you can avoid this insurance.

什么是私人抵押保险?

Private 抵押 Insurance protects the lender, not the borrower. It covers the lender in the event that you can no longer cover your monthly mortgage payment and is levied on conventional mortgages with a less than 20% down payment.

There are a couple of ways that you can pay for 采购经理人指数, including:

  1. 已添加到3d之家首页余额中: 您的抵押保险费与您的每月抵押付款捆绑在一起。 
  2. 前期: 您可以预付全部费用。

在大多数情况下,您将先进行首期付款,然后每月分期付款,以及3d之家首页和税款。

You can discuss your options with the lender. All details of these premiums are included on your loan estimate, which outlines the details of your loan and shows you where your monthly payments go.

谁需要私人抵押保险?

采购经理人指数 is used to offset the increased risk that a lender faces when the borrower has a small down payment. It can increase your chances of acquiring a mortgage and is required for government-backed mortgages such as an FHA loan or a USDA loan.

该保险涵盖的是贷方,而不是借款人,但是,如果您没有钱支付大笔的首付款,它可以帮助您达成交易。贷方将通过私人保险提供商(例如抵押担保保险)安排保险,并且在虚线上签字之前,您将获得全部费用明细。

它要多少钱?

采购经理人指数是按原始3d之家首页金额的固定百分比(通常在0.50%和2.25%之间)计算的,并且每年收取一次。然后将这笔年费分解为每月付款,而贷方保留这些付款并按年分期发放。税收也是如此,其余的税收 每月抵押总额 由利息(贷方的费用)和本金(原始3d之家首页额)组成。

例如,假设以下内容:

  • 购买价格= $ 200,000
  • 首付款= $ 20,000
  • 本金和利息= $ 870
  • 税费= $ 135
  • 私人抵押保险= $ 75

In this example, your total mortgage payment will be $1,082, assuming an interest rate of 4.1% and a term of 30 years. However, this also assumes a low 采购经理人指数 rate of 0.5% and doesn’t factor homeowner’s insurance premiums into the equation. 

You may be charged a higher interest rate; you may have a smaller down payment. In any case, it’s worth doing your sums in advance and looking at your options. For instance, you may determine that it’s best to wait 6 months and use that time to improve your 信用评分 并节省$ 10,000。您可能会失去想要的房屋,或者被迫支付超出购房价的价格,但还可以获得更好的抵押3d之家首页利率,并且无需支付PMI。

有了$ 10,000的首付款,而抵押3d之家首页利率仅降低了0.5%,您的抵押3d之家首页可能会像这样:

  • 本金和利息= $ 720
  • 税费= $ 135
  • 总计= $ 855

That’s a saving of over $200 a month and tens of thousands over the term of the mortgage loan. If you keep the payment amount the same and focus instead on reducing the term, you could save even more over the long-haul.

私人抵押保险的利与弊是什么?

The only benefit of 采购经理人指数 is that it allows you to acquire a conventional loan when you can’t afford a 20% down payment. However, there are several downsides that you need to consider before you rush in and start paying extra for that dream home you have your eye on:

  1. 成本:如上所述,PMI会大大增加传统3d之家首页的成本,导致每月最多额外增加$ 100,并在您获得必要的权益之前使您花费数千美元。
  2. 您没有承保: 与房主保险不同,PMI不会为您和您的房屋提供任何保险,而与人寿保险不同,PMI不会为您的继承人提供任何利益。全部与贷方有关。
  3. 不可扣除: There was a time when 采购经理人指数 was tax-deductible, but that’s no longer the case following a rule change in 2018.
  4. 浪费的钱: 采购经理人指数浪费了金钱,因为它并没有积累您的净资产。从投资的角度来看,最好是花点时间并节省更多的首付款,这基本上是 购买更多股权 在3d之家首页开始时。
  5. 无休止的付款: While most lenders will stop 采购经理人指数 payments when you attain 20% equity, others will keep them going. Check your mortgage documents closely to make sure you’re not being stung with years of needless payments.

私人抵押保险的运作方式

首付金额少的抵押3d之家首页被认为是高风险的,因为如果您违约,贷方会损失很多钱。他们可以收回房屋,但收回既不便宜也不便宜,平均费用接近50,000美元,因此他们渴望避免这种情况。通过向他们提供20%的首付,您可以帮助您抵消部分风险,如果您没有20%的首付,PMI可以为您提供帮助。

当您的3d之家首页与价值比率达到80%时, 采购经理人指数 payments should stop. However, this isn’t always the case. You can find further details of the 采购经理人指数 cancellation criteria in your mortgage documents.

Differences Between 采购经理人指数 and 抵押 Protection Insurance

采购经理人指数 is designed to cover the lender when the mortgage has a loan-to-value ratio of less than 80%; mortgage projection insurance covers the borrower when they can no longer afford to meet their mortgage payment.

许多房主将这两种保险弄混了,他们认为PMI本质上可以提供与抵押保护保险相同的收益,并且如果他们无法支付这笔款项,则可以涵盖这些收益,但是事实并非如此。如果您不能每月偿还抵押3d之家首页,那么您就有违约的风险,这时您的房屋可能被收回,放款人将寻求从保险公司收回成本。

抵押保护保险如何运作?

抵押保护保险是自愿性的,任何借款人都可以为任何类型的抵押购买。它的工作方式类似于人寿保险,其目的是在最坏的情况下(例如失业)为您提供财务保障。此外,就像人寿保险一样,如果您年轻且身体健康,您将获得更高的利率和更低的保费。

The exact terms and costs will depend on the provider and the policy, but if you have a strong 信用评分, a good financial history, and a stable job, you should be classed as low risk. Shop around, check the terms, and read the small print before you sign anything.

谁需要抵押保护保险?

没有人需要 抵押保护,就像没有人需要人寿保险一样。有些人认为这样的保险是一场赌博,在一定程度上,他们是对的,因为保险公司总是以赚钱为目的。但是,如果您有一笔大额抵押3d之家首页可以偿还,并希望您高枕无忧,则值得考虑。

Of course, as with health insurance and life insurance, the more you need it the more expensive it will be. If there is any suggestion that you could lose your job or you have an extensive history of unemployment, you may be refused or offered very high rates. 

值得思考的是最坏的情况,以了解抵押3d之家首页保护保险将是多么有益。 yourself心自问,如果明天失业,会发生什么事?您能获得一笔3d之家首页来度过难关吗?您有积蓄吗?您的伴侣可以偿还这笔款项吗?

If your answers are in the negative, it’s worth getting a quote. Just remember to factor the costs of that quote into your monthly budget when calculating your mortgage payments, mortgage insurance premiums, and taxes.

如何避免私人抵押保险

The best way to avoid 采购经理人指数 is to save more money, even if it takes you a couple of years to do so. You should never take out an additional loan or line of credit just to cover the costs and you should also be wary of piggyback mortgages.

背负式抵押要求您支付部分预付款,并为其余部分3d之家首页。但是有很多附加条件,包括许多背负式抵押3d之家首页使用可调整利率并进行大笔还款的事实,这损害了您的财务状况和信用评分。 

您应该支付私人抵押保险吗?

如果您想要常规3d之家首页并且没有20%的首付,那么您实际上没有太多选择。如上所述,您可以获得一笔3d之家首页来支付额外的首付款,但是这笔3d之家首页可能比PMI花费更多。它还会给您带来额外的债务负担,这会增加您的每月3d之家首页还款额,从而影响您的 债务收入比,并降低您的信用评分,从而有可能首先阻止您获得抵押3d之家首页。

It’s always best to avoid 采购经理人指数 if you can, so make sure you exhaust the following options first:

说起来容易做起来难,但是,如果您制定了详细的预算,收紧腰带并努力节省每一分钱,您可能会在一两年内获得额外的资金。等待这么长时间可能会令人沮丧,特别是如果您有动心的打算,但从长远来看,它将使您受益。

请记住,要节省比您所需的首付款更多的钱,因为这不是唯一的费用。您还必须考虑关闭成本,搬家公司,律师费等。

The average American household contains thousands of dollars’ worth of junk that just gathers dust, from designer clothes to DVDs, games consoles, computers, and more. Have a clear out, sell the things you don’t need, and use the money to put towards your home loan. 

至少您可以将其放在一边,以帮助您将来的付款。 

建立应急基金

It always helps to have an emergency fund for those months when money is tight and you need a helping hand. And if those days don’t come, you can use that fund to increase your monthly payment, thus reducing the total interest and shortening the mortgage term.

家庭3d之家首页

Ask family and friends for a small loan to cover the additional down payment. You can offer to repay the loan in its entirety because the amount you save by not paying 采购经理人指数 will ensure you have at least $1,000 extra in your account every year. 

但是请注意向朋友3d之家首页。向不是父母或祖父母的人索要很多钱,这使他们处于尴尬境地。

慢慢来

Finally, regardless of what option you choose, remember to take your time, think it through, and calculate every penny spent now and in the future. Don’t rush in as you’re making a decision that could impact your life for decades to come.

请记住,即使是最小的降息幅度或每月略微节省的费用,也可能使您的3d之家首页余额减少数千美元。而且,您必须开始使用的净资产越多,财务状况就越好,然后您就可以考虑房屋净值3d之家首页,房屋净值信贷额度以及将您的净值用作抵押品的其他金融选择。