re: Down payment on a home - how much is too much?

quote:

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If you got the cash laying around and you plan on staying at this house awhile put atleast 22% to get rid of PMI

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If you put down 20% you don't need 22% equity. You never have PMI to begin with. Need a dedicated MT admin as of late.

Put down 20%. Go conventional. Secure sub 4% money for 30 years. Parlay that extra money you could put down into other investments that historically have made a higher return yearly that equity in your home.

/thread