Lender-Paid Mortgage Insurance Comparison
Lender-Paid Mortgage Insurance Comparison: a planned Super Calculator tool. Stub page: the tool, its formula and a worked example are not published yet.
Lender-Paid Mortgage Insurance Comparison is a planned calculator in the real estate section of Super Calculator, covering mortgage core.
What this calculator will compute
Inputs: loan amount (currency), LTV (%), borrower-paid PMI rate (%), LPMI rate premium (%), single premium (currency) and holding period (years).
Outputs: monthly cost per structure (currency), total cost over horizon (currency), crossover holding period (years) and cheapest structure.
Formula, recorded as scope and not yet verified against a primary source: Lender-paid mortgage insurance embeds the insurance cost in a permanently higher note rate rather than a separate monthly premium. Compares the lifetime cost against borrower-paid insurance that terminates at 78% of original value, and against single-premium insurance paid upfront.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.