How much is the premium for the dwelling under construction?
How much is the premium for the dwelling under construction?
How much is the premium for the dwelling under construction endorsement under the dwelling policy? DP-2 and DP-3 pay replacement as long as the house is insured for at least 80% of its value on the date of loss. You just studied 55 terms!
How do you calculate dwelling coverage?
For a rough estimate of your dwelling coverage amount, you can simply multiply the square footage of the home by the local rebuild cost per square foot.
Can you get a home loan for 60000?
The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a $120,000 to $150,000 mortgage at $60,000. You also have to be able to afford the monthly mortgage payments, however.
