-
4 Bedrooms
-
5 / 1 Bathrooms
-
5,133 Square Feet
-
1 Car Garage
-
4/22/2017 List Date
- MLS#
- 09603359
- Property Type
- Residential
- price per sq ft
- $1,492
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Listing Office
Magellan Realty LLC
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363 East Wacker Drive #6506
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209 East Lake Shore Drive 12W
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.
