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Combination Mortgage (80/10/10)

Compare a piggyback structure: primary mortgage + second mortgage + down payment to avoid PMI.

Purchase

Home price ($)

Down payment (%)

Primary (80%)

Primary rate (%)

Primary term (years)

Second (10%)

Second rate (%)

Second term (years)

Results

Total monthly payment

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Primary loan amount

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Primary payment

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Second loan amount

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Second payment

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Down payment

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