Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree ...

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Erika Rasure is globally-recognized as a leading ...

The cost of private mortgage insurance (PMI) is based on the loan amount, the borrowers' creditworthiness and the percentage of a home’s value that would be paid out for a claim. Generally, all ...

Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term or ...