Hüpoteegi kindlustuse esitlus inglise keeles
policy which compensates lenders or
investors for losses due to the default of
a mortgage loan.
Private mortgage
insurance
insures the lender
down payments are below 20%
rates 1.5% to 6%
rates paid in a single lump sum,
annually, monthly
payments tax-deductible(maksustatavat
tulu vähendav kulu)
Private mortgage insurance
types
Lender-Paid Private Borrower-Paid Private
Mortgage Insurance Mortgage Insurance
(LPMI) (BPMI)
Cost included in the Premium added to monthly
interest rate mortgage payment
Higher monthly mortgage
Lower monthly payment
payment
No closing costs Cancellation feature
(LPMI) users (BPMI) users
move within ten years remain more than ten
shorter term mortgage years
down payment under 15 longer term mortgage
annaabi.ee 
