Purchase price: $350,000 LTV: 95% Term & Am: 20 years Interest Rate: 4.0% Holding period: 5 years PMI: .70% of original mortgage amount, paid per year on a monthly basis to the insurer Closing Costs Discount point: 1% (paid to lender) Appraisal: $300 (paid to appraiser) Survey: $250 (paid to surveyor) Underwriting fee: $500 (paid to lender) Origination fee: 1% (paid to lender)