HomeStyle Renovation® can help you finance one or more renovation projects, pay for major repairs, or install a pool. This Fannie Mae program is available for new and existing homes – even new construction. The funds can be used for design updates or even renovating accessory units like garage apartments or guesthouses.
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Private Mortgage Insurance typically costs between 0.5% to 1% of the entire loan amount over 80% LTV on an annual basis.
Monthly Principal & Interests : $1145.80
Monthly Real Estate Taxes : $316.67
Monthly Insurance : $66.67
Monthly PMI : $0.00
Total Monthly Payments : $1529.13
Loan To Value Ratio : 80.00%
Months With PMI : 0 months