Why it matters to you
You can ask your lender to remove it once you owe 80% of the home's original value, and it ends on its own at 78%. Extra payments toward the loan get you there sooner.
Related
infoGeneral information based on the standard Georgia REALTORS® purchase contract and public guidance. Your own contract decides: read it, and ask your agent or closing attorney about anything that matters. Not legal or financial advice.