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.
The number of non-GMO shoppers needed is probably just 5% of the population. The key is to educate consumers about the documented health dangers and provide a Non-GMO Shopping Guide to make avoiding GMOs much easier. Please choose healthier non-GMO brands, tell others about GMOs so they can do the same, and join the Non-GMO Tipping Point Network. Together we can quickly reclaim a non-GMO food supply.