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Dismal_Flounder_8351 t1_irg984i wrote

Reply to comment by padizzledonk in [OC] House price you can afford by paying 1000/month for 30 years vs. interest rate by hmiamid

Don’t forget that mortgage insurance. Less than 20% down payment and you end up paying for mortgage insurance.

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padizzledonk t1_irgb6ib wrote

I put 60k down on my house and I still got PMI because my credit was less than stellar

5y and it just came off a few months ago over the summer

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[deleted] t1_irgmglb wrote

[deleted]

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beh5036 t1_irhomcb wrote

Just switch companies. My auto insurance did that. So I switched and it’s been 4 years of constant rates or rate decreases.

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nematocyster t1_irgb4e4 wrote

Yeah, but if you have a good credit score, it's pretty negligible. I pay $42/mo on a house about 240k. In 2012, i was paying about $143/mo on a $168k loan. The mortgage process has changed a lot since then (as did losing my dead weight ex's credit score)

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