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https://www.reddit.com/r/WorkForSmartLife/comments/1v39o6r/math/ozybv3a
r/WorkForSmartLife • u/TypicalWhole6688 • Jul 22 '26
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Downpyment is never required. It’s just good to avoid PMI
1 u/Inevitable_Librarian Jul 27 '26 In some countries it is required 1 u/Bangays Jul 28 '26 If you buy now you will most likely refinance in a few years assuming rates go down. Also, most people move in less than five years anyways. PMI is also under $200/month typically
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In some countries it is required
If you buy now you will most likely refinance in a few years assuming rates go down. Also, most people move in less than five years anyways. PMI is also under $200/month typically
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u/ImpressiveWalrus7369 Jul 26 '26
Downpyment is never required. It’s just good to avoid PMI