Along with healthy coconut oil, avocado oil is one of the best possible oils to have your kitchen for cooking with. The refined oil has a very high smoke point, usually listed as between 480 Fahrenheit and 520 Fahrenheit (270 Celsius).
The more you borrow and the lower your credit score, the higher your monthly PMI premium will be. The closer you get to 20% down and excellent credit, the lower the monthly PMI. Youâll see some examples for a borrower with a credit score between 720 and 759 in the chart below.
Six Good Reasons to Avoid PMI. 1  Cost-Private mortgage insurance typically costs between 0.5% to 1% of the entire loan amount on an annual basis. 2  On a $100,000 loan this means the homeowner could be paying as much as $1,000 a year, or $83.33 per month-assuming a 1% PMI fee.or a couple with a $250,000 loan and a $2,500 annual PMI payment (1% of the outstanding loan), this deduction could translate into savings of $300 to $400 dollars or more (depending upon the couple's tax bracket). Also private mortgage insurance often can be paid up front.