Last update: June 2013 (includes new FHA rules & rates). When your down payment is less than 20%, you usually have to pay for Mortgage Insurance, (PMI). This protects the lender in case you don't make your house payments, they repossess your house, and they have to sell it for less than the amount left on the loan.our down payment is $10,000 and the morgtage is $190,000. Divide the $190,000 mortgage by 1500 and you get your monthly PMI cost, $127. PMI doesn't change as the outstanding balance changes.
Share on FacebookShare on Twitter. Non-GMO means non-genetically modified organisms. GMOs (genetically modified organisms), are novel organisms created in a laboratory using genetic modification/engineering techniques. Scientists and consumer and environmental groups have cited many health and environmental risks with foods containing GMOs.
Mission Driven. The Non-GMO Project is a 501(c)(3) organization with a mission to preserve and build the non-GMO food supply, and to give eaters an informed choice. We believe that YOU are an essential ally in accomplishing this mission. Our primary strategy is to leverage the power of the marketplace.