Posted on August 4, 2011.
My husband and I are Currently Paying PMI (Private Mortgage Insurance) is mortgage o. (We Have No second mortgages.) I Know We Need twenty percent equity in order to Eliminate PMI goal I do not think we're Quite There. Is Taking out a home-equity line of credit to pay a down-the mortage good idea? Then I Know That We'd Have Two loans to pay, But The Would Be Eliminate PMI and all of Our payments (Minus the interest) Would Be Going Toward the loan Rather That it possible to get insurance.Is a home-equity line of credit for 6%?
