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I am looking into buying a house in the next year, and the common advice is to put down the 20% to avoid PMI. However, that's a lot of money and it would take many more years for me to save up for that. I am aiming to buy a house around $200,000, and have $15,000 ready for a down payment. I know it would take another, maybe, 3 years to save up $40,000, which I don;t think I am willing to do.

So.... who here actually put down 20% on their mortgage.



Submitted April 10, 2017 at 03:30PM by Z1ggy0 http://ift.tt/2p0ivpY

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