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Updated about 9 years ago on . Most recent reply

Kayla Grau's profile image
Kayla Grau's profile image
Kayla Grau
  • from Daytona Beach, FL
  • Member since Dec 7, 2015
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Kayla Grau's profile image
Kayla Grau's profile image
Kayla Grau
  • from Daytona Beach, FL
  • Member since Dec 7, 2015
Connect
Kayla Grau
  • Daytona Beach, FL
0
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7
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Real Estate Deal Analysis & Advice

Calculating MIP

Kayla Grau
  • Daytona Beach, FL
Posted

I'm using the rental property calculater here and I can't figure out if MIP is automatically accounted for when selecting the 3.5% down payment.I know MIP is charged both upfront , in the form of a one-time fee that is usually wrapped into the loan, and then in the form of a monthly fee that is added to my loan. I just don't see it accounted for when I'm calculating the deal.

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