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re: Can PMI be cancelled by building equity through home improvements?
Posted on 2/21/18 at 1:34 pm to Olric
Posted on 2/21/18 at 1:34 pm to Olric
I think most would tell you if you're at 20% and no longer have PMI don't pay extra principal. Assuming you don't have a terrible rate, over time that money will perform better in the market.
From a monthly payment standpoint make sure to factor in your property tax increase due to the presumed increase in value.
From a monthly payment standpoint make sure to factor in your property tax increase due to the presumed increase in value.
This post was edited on 2/21/18 at 1:37 pm
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