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Created page with "<br>When you get your home mortgage loan, you may wish to think about taking out a 2nd mortgage loan in order to prevent PMI on the very first mortgage. By going this route, you might potentially save a lot of money, though your upfront costs might be a bit more.<br><br><br>Presume the home you have an interest in is valued at $400000.00 and you are prepared to put down $20.00 as a down payment. With a basic 30-year loan, a rates of interest of 6.000% and 1.000 point(s),..."