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re: Minimum Amount Needed to Put Down on Home Purchase
Posted on 12/27/12 at 2:02 pm to Cajun Revolution
Posted on 12/27/12 at 2:02 pm to Cajun Revolution
I recently bought a house with a 5% down payment on a conventional loan. Did an upfront PMI payment that came out to just under 3 total years of monthly PMI payments instead of paying it until a 78% LTV...Figured I would pay some now and have lower monthly payments for the life of the loan. I plan to be int he house for a long while
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