Buying a Home / Is it ever a good idea to put down less than 20% even if I can afford more?

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Is it ever a good idea to put down less than 20% even if I can afford more?

Q: Is it ever a good idea to put down less than 20% even if I can afford more?

Yes, it is fine to put less than 20% down. In most cases, the cost of PMI is the lowest it has been in years, making a lower down payment a more financially attractive option.

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Yes, it is fine to put less than 20% down. In most cases, the cost of PMI is the lowest it has been in years, making a lower down payment a more financially attractive option.

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Is it ever a good idea to put down less than 20% even if I can afford more?

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