How Saving $20K on PMI with a Bigger Mortgage Down Payment Probably Costs You Over $250K
30Y in 30D • Y17. It’s crazy how high the actual — but avoidable — cost is of following advice from real estate pundits. Larger down payments don’t always pay off.
Related and recent articles
(Full list of “30 Years in 30 Days” Series articles at bottom of this page.)
• 30Y in 30D • Y16: The Total Cost of Ownership of Your House
• 30Y in 30D, Y15: Simple Question, Complex Answer — The True Purchase Price of Your Home
• 30Y in 30D, Y11: Dream Home or Financial Freedom? Rethinking the True Cost of Stretching
• 30Y in 30D • Year 3: Early Extra Payments Are Magical
• Kickstarting “30 Years in 30 Days” — Decades of Mortgage Wisdom in 1 Month
• Has U.S. Healthcare Really Become a Mob Protection Racket?
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I had a late night phone call a couple weeks ago with a friend that I’ve known forever.
My friend bought a house recently on the East Coast — his first one — and he was catching me up on how his first year of living there has gone.
