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    Lenders mortgage insurance

    Reply: 2.1 From: Les . G'day Ian, Just a couple of points that might help - 1. LOC loans have a higher %age rate than IO or P&I - approx. 0.5% ??? 2. I believe the amount steps at each 1% e.g. 80% = 0.5%, 81% = 0.6%, 82% = 0.7% etc. (and those figures are an example only, but might...
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