Down payment for home buying

[Julie J.]

Hi BP

It may be common sense but I am trying to figure out if 20% down payment on a home by taking out HELOC is better or 3-5% down and paying PMI is better?

Either way, I am paying interest, but with HELOC comes with $4k cost to get it. And house in my area appreciates min. 5% a year.

Someone please advice.