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re: How much home can I afford?

Posted on 1/12/22 at 8:44 am to
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68677 posts
Posted on 1/12/22 at 8:44 am to
quote:

His PMI was 35 a month.

quote:

12 percent down


Thats why. Can make a big difference in PMI in the amount you put down, he's not even that far off from getting rid of it.

5% down on a $500k house though, it's going to be well over $100/mo on PMI
This post was edited on 1/12/22 at 8:45 am
Posted by Vrai
Baton Rouge
Member since Nov 2003
3902 posts
Posted on 1/12/22 at 7:55 pm to
I was just quoted $83/month pmi on a 499k property putting 5 % down with a high 700s credit score
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