program 5, output 6 PMI=private morgage insurans
Wen yu get a morgage (hous lone) & put down less than 20% av hous pries, banker will insist yu pae for pmi=private morgage inshuer. This add tu the interest rate yu pae on the lone (loan). It is a sliding skale. The more yu put down, the loer the pmi rate. If yu put down the minimun av 3%. pmi add 0.9% tu the interest rate on the lone. input kan inklude kommas, $, %, *, wotever; big numbers...k=1000, m=1,000,000 waet...browser reed skript stuff