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v3.25.2

Debt | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Debt | Debt Debt obligations The aggregate carrying value of our 5.25% Senior Notes (“5.25% Notes”) and the par value as of June 30, 2025 and December 31, 2024 is presented in table 3.1 below.
Long-term debt obligation, carrying value
Table | 3.1 |  |  |  |
(In thousands) |  | June 30, 2025 |  | December 31, 2024
5.25% Notes, due August 2028 (par value: $650 million) |  | $ | 645,402 |  |  | $ | 644,667 |
The 5.25% Notes are an obligation of our holding company, MGIC Investment Corporation. See Note 7 - “Debt” in our Annual Report on Form 10-K for the year ended December 31, 2024 for additional information pertaining to our debt obligation. As of June 30, 2025, we are in compliance with our debt covenants. Interest payments Interest payments were $17.1 million for the six months ended June 30, 2025 and 2024.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A Reference 2: http://www.xbrl.org/2003/role/disclosureRef 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