re: Is it always best to put 20% down on a house to avoid PMI?

quote:

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Plan is to stay in the house for 5-8ish years.

Obviously, there are many variables in play.

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If you are like most americans, you wont have the mortgage much over 5 years.
Putting 10% down gets you a "good enough" mortgage and you can invest the rest.
Or... look at a fixer upper/foreclosure and put as little down as possible and use the rest to appreciate the home and make a killing when you resell.