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  2. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Here’s a look at how PMI might play out based on how much you put down, according to the Freddie Mac mortgage insurance calculator and the Bankrate mortgage calculator. These examples assume a ...

  3. Types of mortgage refinance: How to choose - AOL

    www.aol.com/finance/types-mortgage-refinance...

    There are many mortgage refinancing options, including: Rate-and-term refinance: Rate-and-term is a refinance option that swaps your current mortgage for a new loan with a new interest rate and/or ...

  4. How to get rid of private mortgage insurance (PMI) - AOL

    www.aol.com/finance/rid-private-mortgage...

    How much does PMI cost? The average PMI payment ranges from $30 to $70 per month for every $100,000 you borrow, according to Freddie Mac. For example, if you get a $400,000 mortgage, you can ...

  5. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    $4,000 / $150 = 26.6 months. So, if you were to close your new loan today, you’d officially break even just over two years and two months from now. If you live in the home for five years after ...

  6. FHA streamline refinance: What is it and how does it work? - AOL

    www.aol.com/finance/fha-streamline-refinance...

    1. You must refinance an FHA loan. This is the primary rule. In order to take advantage of the FHA streamline program, you must already have an FHA-insured mortgage. 2. You must receive a ‘net ...

  7. Guide to refinancing an FHA loan to a conventional loan - AOL

    www.aol.com/finance/guide-refinancing-fha-loan...

    Key takeaways. By refinancing an FHA loan to a conventional loan, you could get a lower interest rate and save money on mortgage insurance payments. Requirements to refinance include having a ...

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