欧博官网T.A.M.I from BofA (private mortgage insurance,

Old

05-04-2010, 04:33 PM

 

ChadMBell

     

Location: Columbus, Ohio

33 posts, read 161,477 times

Reputation: 28

 
 

If you're in a high tax bracket and you're truly doing something better with the additional income each month then I suppose it's possible.

BUT, Private Mortgage insurance and "TAMI" are going to be far more expensive and far higher than mortgage insurance on a government loan. So any benefits from being a tax right off would be counteracted.

Example. TAMI is likely to raise the rate a full percent, when MI at highest is .55% of the loan amount, and it doesnt stay on for the full life of the loan.

It's all case by case obviously, but I wouldn't trust a guy "pitching" it like that with my allowance money.

Reply With Quote

Quick reply to this message

2025-11-10 06:53 点击量:1