Posted on: 11th Sep, 2009 12:20 am
Does PMI Offer Any Tax Advantages
hi jonunderwood007
The larger loan possible with PMI boosts your tax deductions for mortgage interest.
Premiums vary. They are determined by the size of the down payment, the type of mortgage and amount of insurance. Premiums are typically included in your monthly mortgage payment.
The larger loan possible with PMI boosts your tax deductions for mortgage interest.
Premiums vary. They are determined by the size of the down payment, the type of mortgage and amount of insurance. Premiums are typically included in your monthly mortgage payment.
yes...mortgage insurance premiums paid are allowable tax deductions.
yes defenately PMI offers tax advantage
yes.
you can take tax benfit againg PMI payment
you can take tax benfit againg PMI payment
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