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re: What's the most amount of money you'd put down on a new house? It would be a new build.

Posted on 3/3/24 at 7:38 am to
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3152 posts
Posted on 3/3/24 at 7:38 am to
I would put down at least enough to avoid paying PMI. Unfortunately this was not an option for me with my first house, but I got rid of it as soon as I could.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35597 posts
Posted on 3/3/24 at 9:55 am to
I have no idea why people are so hung up over pmi.


It’s a tiny price to pay to maintain liquidity and avoiding be potentially cash poor.


I put 10% down on my first house and pmi was like 40 dollars a month.

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