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OpenStudy (anonymous):
Homebuyers who don't make a down payment of at least 20% may be required to take out PMI. ON a $200,000 loan, the preminums can cost more than $100 per month. What would be the minimum down payme nt on a 200,000 loan?
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OpenStudy (anonymous):
200,000 * 0.2 = 40,000
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