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dweed4 t1_iy9asq3 wrote

Reply to comment by RenaldoGarfunkel in Buying a house next year, what’s a reasonable budget for mortgage payment? by ProspectiveHomeBuye

If you have good credit PMI is almost nothing per month. On a $350k loan our PMI is $40 a month. Hardly worth putting off buying a house until you can afford 20% down.

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ProspectiveHomeBuye OP t1_iy9cwxo wrote

Based on calculators that prospective lenders have given us, with our credit PMI would be less than $100/mo.

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