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re: The math for buying a home no longer works, per WSJ
Posted on 12/20/23 at 9:29 am to Upperdecker
Posted on 12/20/23 at 9:29 am to Upperdecker
quote:
You shouldn’t, but you can. Some people only put down 3 or 5% even. Which jacks up their mortgage costs on a monthly basis so high with straight principal plus PMI that it takes them a long time to actually build equity
There are some professions (physicians) who can put 0% down and still not have to pay PMI.
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