How to Get a Loan Without Private Mortgage Insurance (PMI) – How to Get a Loan Without Private Mortgage Insurance (PMI). However, as you pay down your loan over time, your LTV will decrease and you may be able to terminate the PMI payments. Suppose a buyer buys a $200,000 property with a $20,000 (10%) down payment. His LTV at this point is 180,000.
Monthly or single-payment mortgage insurance? – This sort of arrangement is available on a conventional mortgage loan that requires. mortgage with a 10 percent down payment, private mortgage insurance typically costs about $81.67 a month. With.