The cost basis of any investment is the original value of an asset adjusted for stock splits, dividends and capital distributions. It is used to calculate the capital gain or loss on an investment for tax purposes. At the most basic level, the cost basis of an investment is just the total amount invested into the company plus any commissions involved in the purchase.
Private Mortgage Insurance | Mortgage rates seattle, Private Mortgage Insurance is required when putting less than 20% down on a new home purchase with a conventional loan. PMI is the lenders protection against the borrower defaulting on the loan. It allows lenders to offer financing with lower down payments at reasonable rates.