Let’s do the math on this one!, Putting 20% home isn’t necessarily a bad thing, in fact it can save you money. But in this market especially, waiting for 20% when you already have even just 5% is going to cost you 💸
People say that PMI is a waste of money but really it just helps you get into the door (literally)
Instead of waiting for 20% down to avoid PMI, get a house now and wait the 2 years so you can remove it if your home appreciates fast enough.
Or you can always refinance later.
But if you wait too long the prices of homes will go up faster than you can save.
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