Which of the following mortgage options will not have a PMI requirement?
O A. 3/27 balloon mortgage
B. 30-year mortgage
O C. 7/1 ARM
D. 75/25 mortgage

Answers

Answer 1

75/25 mortgage, implies a down payment of 25%, so there would be no PMI requirement.

The correct answer is D.

What is a mortgage?

A mortgage is a type of loan used to purchase real estate or property.

In a mortgage, the borrower (often called the "mortgagor") agrees to pay back the lender (often called the "mortgagee") over a period of time, typically 15 to 30 years.

We have,

A PMI (Private Mortgage Insurance) requirement is typically necessary for mortgages with a down payment of less than 20% of the purchase price of the home.

Now,

75/25 mortgage, implies a down payment of 25%, so there would be no PMI requirement.

3/27 balloon mortgage, and 7/1 ARM, do not relate to the PMI requirement.

A 30-year mortgage would have a PMI requirement if the down payment is less than 20%.

Thus,

75/25 mortgage, implies a down payment of 25%, so there would be no PMI requirement.

Learn more about mortgages here:

https://brainly.com/question/24174269

#SPJ5


Related Questions

Will give brainlest if right! Two plus two?

Answers

4??? fish??? if it's a trick question, then the answer is probably fish :o)
It equals number 4 :)

HELP PLEASEEEEEEEEEEEEEEEEEEEEEEE WILL GIVE BRAINLISTTTTTTTTTTTTTTTTTTT

Answers

Answer:

Step-by-step explanation:

if we need to approximate,

the radius=125, the diameter is d=250

we estimate that pi=3

C=3*250=aprox 750

the closest number is 785

Answer:

I think it's D 785 meters.

Step-by-step explanation:

Circumference is 2nr

C=2πr=2·π·125≈785.39816

785.39816 is rounded to is 785

3 +3/2 x + 4 = 4x -
5/2X

Answers

The answer would be 0=-14

If this helped mark me brainliest please!!

If the two longest sides of a triangle are 16 and 22. What is the length of the smallest side

Answers

Andivvv

Step-by-step explanation:

calculate the total distance Mary runs in one week if she runs 7/8 mile a day

Answers

Answer:

1 3/4

Step-by-step explanation:

I did 7/8 times 7/1 (7 days as a fraction) = 1 6/8 then i simplified that to 1 3/4

Total distance Mary runs in one week if she runs 7/8 mile a day is,

⇒ 49 / 8 miles

What is Multiplication?

To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.

Given that;

Mary runs 7/8 mile a day.

Since, We know that;

1 week = 7 days

Now, Total distance Mary runs in one week if she runs 7/8 mile a day is,

⇒ 7 x 7/8

⇒ 49 / 8 miles

Thus, Total distance Mary runs in one week if she runs 7/8 mile a day is,

⇒ 49 / 8 miles

Learn more aboput the multiplication visit:

brainly.com/question/10873737

#SPJ2

A jar of peanut butter costs $6.95 plus sales tax. After sales tax, the jar of peanut butter costs $7.30.
What is the sales tax rate?

Answers

The sales tax rate was 0.35 cents

Answer:

tax rate is $0.35

Step-by-step explanation:

if you subtract the amount you paid without tax from the amount with tax you would get the estimated amount of money you paid for taxes

Find the area of a rectangle whose vertices are (2,1), (2,11), (9,1), and (9,11).

Answers

The answer that I got when doing the calculations is A=70.

A bond is currently selling for $6055, which is 86.5% of its face value. What is its face
value?

Answers

The answer should be 7,000

What is the quotient of 9.75÷1.3

Answers

Answer:

7.5

You know, you can just use a calculator.

Alicia says that 6 ÷ 2 + 5 is the same as 5 + 6 ÷ 2. Is Alicia correct or incorrect? Explain.

Answers

Answer:

alicia is right

Step-by-step explanation:

if u divide 6 by 2 that would be 3 and then add 5 = 8. If you do the same with the next equation it still = 8 bc pemdas so divide first

Answer:

She is correct.

Step-by-step explanation:

6 ÷ 2 + 5=

6 ÷ 2=3

3+5=8

5 + 6 ÷ 2=

6 ÷ 2=3

3+5=8

find the percent of change : 10 inches to 25 inches. (will give brainliest or however its spelt :)

Answers

Answer:

Step-by-step explanation:

amount of change = 25-10 = 15 inches

percentage change = 15/10 = 1.5 = 150%

Use ΔDEF, shown below, to answer the question that follows:
What is the value of x rounded to the nearest hundredth? Type the numeric answer only in the box below.

Answers

Here are the steps I would use to complete this question.

Ron walked 8/10 mile from his grandmothers house to the store. Then he walked 9/10 mile to his house. Use benchmarks to estimate how far he walked altogether.

Answers

Answer:

1 7/10 miles

Step-by-step explanation:

What shape is this cross-section?
A. Rectangle
B. Pyramid
O C. Trapezoid
D. Triangle

Answers

If you're referring to the actual 3D shape, that would be a rectangle. If you're referring to the shape in the middle, it would be a Trapezoid.

Answer:

A. Rectangle

Step-by-step explanation:

It is a rectangle, not any of the other shapes listed in the other answer choices.

Hope this helps! :)

-4(2x-7)=12 give the value of x. Enter your value for x and your explanation or steps used to solve for x

Answers

Answer:

2

Step-by-step explanation:

-4(2x-7)=12

(2x-7)=12/(-4)

2x-7=-3

2x= -3+7

2x= 4

x= 4/2

x=2

how do i do math qyestions​

Answers

Answer:

By solving them of course ;-;

Answer: that depends on the qyestion

Simplify each expression (3y – 4)(2y + 5)

Answers

Answer:

6y+7y-20

Step-by-step explanation:

you have to multiple by each side then divide

Answer: 6y^2+7y−20

Step-by-step explanation:

Original Price: ?

Discount: 25%

Sale Price: $210

Answers

Answer:

well if you cuanculated i think it might be 157.5

Step-by-step explanation:

The number of tadpoles in a particular pond on March 1st of any particular year is Pn the population is modelled by the interactive formulae
The population is modelled by the interactive formulae Pn+1 = k(Pn+60)

Answers

Answer:

get them googel

Step-by-step explanation:

The value of r2 for a relationship between gallons of gasoline used (explanatory) and the number of miles anven
(response) by a certain car is calculated as 96.78%.
Which of the following statements is the best interpretation of r2?
O About 3.22% of the variation in the gallons of gasoline of the car is accounted for by the linear relationship
created with the number of miles driven.
About 3.22% of the variation in the number of miles driven by the car is accounted for by the linear relationship
created with the gallons of gasoline.
O About 96.78% of the variation in the gallons of gasoline of the car is accounted for by the linear relationship
created with the number of miles driven.
About 96.78% of the variation in the number of miles driven by the car is accounted for by the linear relationship
created with the gallons of gasoline.

Answers

Answer:

About 96.78% of the variation in the gallons of gasoline of the car is accounted for by the linear relationship created with the number of miles driven. C

Step-by-step explanation:

Pls help I’ll mark brainliest q

Answers

Answer:

(5,30)

Step-by-step explanation:

how do you solve y=a(x-h)^2+k​

Answers

yes i think thats right the person that did it above

It takes a C or better in this class to transfer to another college. What is the ratio of the number of students who can transfer this course in relation to those that cannot


Grades | Number of Students
A 19
B 30
C 25
D 12
F 14

Answers

It would be
74/26 simplified to 37/13

What is the square root of 81

Answers

Answer:

9

Step-by-step explanation:

81 to find the square root of 81 you got to find 2 numbers that multiply to get to 81

Consider the baggage check-in process of a small airline. Check-in data indicate that from 8 a.m. to 9:30 a.m., 360 passengers checked in. Moreover, based on counting the number of passengers waiting in line, airport management found that the average number of passengers waiting for check-in was 30.

Required:
How long did the average passenger have to wait in line?

Answers

Answer:

[tex]Average = 7.5\ mins[/tex]

Step-by-step explanation:

Given

[tex]Time = 90\ mins[/tex] i.e. 8am to 9:30am

[tex]Total\ Passengers = 360[/tex]

[tex]Average\ Passengers= 30[/tex]

Required

Determine the average waiting time

The average waiting time is calculated as:

[tex]Average = \frac{Average \ Passengers}{Total\ Passengers} * Time[/tex]

[tex]Average = \frac{30}{360} * 90\ mins[/tex]

[tex]Average = \frac{30* 90\ mins}{360}[/tex]

[tex]Average = \frac{2700\ mins}{360}[/tex]

[tex]Average = 7.5\ mins[/tex]

Hence, the average waiting time is 7.5 minutes

Five lemons cost 1.50 how much does 1 lemon cost

Answers

They would each cost .30 cents because $1.50 divided by five is .30. .30+.30=.60+.30=.90+.30=1.20+.30=1.50
1 2 3 4 5

Fill in the blank:
1. Any Polynomial equation has a number of solutions or roots equal to the ___
of the equation, including complex and imaginary solutions.

Answers

Degree I’m pretty sure

Use compound interest to find the total amount for $845 at 1.25% for 6.5 years

Answers

Answer:

$911.02

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 1.25%/100 = 0.0125 per year,

then, solving our equation

I = 845 × 0.0125 × 6.25 = 66.015625

I = $ 66.02

The simple interest accumulated

on a principal of $ 845.00

at a rate of 1.25% per year

for 6.25 years is $ 66.02.

Guys please help me with this

Answers

Answer:

The equation of the elipse is

[tex]\frac{x^2}{169} + \frac{y^2}{25} = 1[/tex]

Step-by-step explanation:

Equation of an elipse:

The equation of a elipse with centre [tex](x_c,y_c)[/tex] has the following format:

[tex]\frac{(x - x_c)^2}{a^2} + \frac{(y - y_c)^2}{b^2} = 1[/tex]

Centre at (0,0):

Means that [tex](x_c,y_c) = (0,0)[/tex].

So

[tex]\frac{x^2}{a^2} + \frac{y^2}{b^2} = 1[/tex]

Vertex at (13,0):

Vertex at 13 means that [tex]a = 13, a^2 = 13^2 = 169[/tex]

Focus at (-12,0):

Means that [tex]c = 12, c^2 = 12^2 = 144[/tex]

We have that:

[tex]a^2 = b^2 + c^2[/tex]

So

[tex]169 = b^2 + 144[/tex]

[tex]b^2 = 25[/tex]

So, the equation of the elipse is

[tex]\frac{x^2}{169} + \frac{y^2}{25} = 1[/tex]

Write 6.789 in word from

Answers

Answer:

six- and seven hundred eighty nine hundredths

Step-by-step explanation:

6 is the whole number

789 is ow many hundreths there is

Other Questions
Please help me ASAP! Giving brainliest Three sentence in Spanish for almorzar change the verb During fertilization , the parts of the sex cell that join are the 1. Membranes 2. Nuclei 3. Ribosomes 4. Vacuoles What is the right answer what is one of the risk factors that influences a person's ability to abstain from sexual intercourse Write an equation in slope-intercept form for a line that passes through the point (1, 6) andhas a slope of 2 Page 1:Page 2:What perspective on the League of Nations does thispolitical cartoon convey?PUT SACK INTS CAGE SOE. AND CTSUETON THE BUSSITMONT COR A FATHER TOPEPowerful nations do not need the league to reachmajor agreements.The world should not ignore the importance of theleague.Imperial nations will soon become as extinct as theleague.The league needs to be "caged" to be controlled.yes The Product of 4 and z is the same as 16 PLZ HURRY IT'S URGENT!!!What is the vertex of the following quadratic?y=a(xh)2+koptions:(h, k)(k, -h)(k, h)(-h, k)Question 2 What is the vertex of the following quadratic?y=2(x+3)25options:(-3, 5)(3, -5)(-3, -5)(3, 5)Question 3 What is the vertex of the following quadratic?y=23(x1)2+7options:(-1, 7)(-1, -7)(1, -7)(1, 7)Question 4 What is the vertex of the following quadratic?y=3(x9)22options:(-2, -9)(9, -2)(-9, -2)(-2, 9)Question 5 What is the vertex of the following quadratic?y=(x+4)26options:(4, -6)(-6, 4)(-6, -4)(-4, -6) Easy math for the cool people (you, your ) kefwhh.qejqjefqbhgfhevwf help help The cost of 5 squash and 2 zucchini is $132 Three squash and 1 zucchini cost $0.73. Write a system ofequations which senence best describes a subjective news source Mary put orange on her lunch tray. What is the distance between the points (-1,5) and (8,5) in the coordinate plane? OA. 6 OB. 9 OC. 12 OD. 7 How did Hover and Roosevelt differ in their response to the Great Depression Write and solve an inequality to find the values of x for which the perimeter of the rectangle is lessthan 140. Which of the following was an enduring effect of the terms outlined in the agreement?-Competing religious and ethnic groups in the Middle East united to oust European influence.-Nation-states in the Middle East established political rights for ethnic and religious minorities.-Artificial boundaries prioritizing European interests created unstable nations in the Middle East.-Outside countries created European-style democracies throughout the Middle East. Which of the following best describes a triangle with one right angle and two congruent sides?A right scalene triangleB. acute scalene triangleC. right isosceles triangleD acute isosceles triangle What are Mr. White and Herbert doing when the Sergeant-Major arrives at the White's house? *