Cost of the Home $ Down Payment A: % Down Payment B: % Down Payment C: % Down Payment Amount Your equity (financial contribution to the purchase of the home) $ $ $ Initial Mortgage Required (cost of home down payment) $ $ $ Not for the mortgage itself, but for insurance on the mortgage so be sure to use the tool provided to find the correct rate according to the regulations Mortgage Insurance RATE (if applicable) % % % Mortgage Insurance DOLLAR AMOUNT (if applicable) $ $ $ Final
Cost of the Home $ Down Payment A: % Down Payment B: % Down Payment C: % Down Payment Amount Your equity (financial contribution to the purchase of the home) $ $ $ Initial Mortgage Required (cost of home down payment) $ $ $ Not for the mortgage itself, but for insurance on the mortgage so be sure to use the tool provided to find the correct rate according to the regulations Mortgage Insurance RATE (if applicable) % % % Mortgage Insurance DOLLAR AMOUNT (if applicable) $ $ $ Final
Chapter9: Obtaining Affordable Housing
Section: Chapter Questions
Problem 3LTAI
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